On March 11, according to monitoring by Hyperinsight and Coinglass, the largest single liquidation in the past 24 hours occurred on the Hyperliquid platform , with Brent crude oil as the underlying asset. An address holding a long position experienced multiple large liquidations during the oil price decline, totaling over $6 million.
The first liquidation occurred after the price of Brentoil fell below $89, with a single transaction size of $3.32 million. Subsequently, as the price further declined below $87, the address triggered another liquidation, this time for $3.13 million. This series of liquidations made it the largest single liquidation event on the entire network in nearly 24 hours.
