A Bitcoin whale that chased the price surge was liquidated three times in a short period of time, with a total amount of approximately $14.5 million.

According to Mars Finance, on March 17th, Hyperinsight monitoring showed that after a brief surge to nearly $76,000, BTC pulled back. Since falling below $75,000 in the past hour, a whale starting with 0x8d6 experienced three large liquidations on Hyperliquid, totaling 195.2 BTC, approximately $14.5 million. The largest single liquidation reached $5.98 million, the largest single liquidation on-chain in nearly 24 hours. After the liquidation, the address still held 40x leveraged BTC long positions, with a position size of $15.2 million, an average price of $74,300, and a liquidation price of $74,120. The current price is again approaching its liquidation threshold. This address had already experienced several rounds of liquidations last night and this morning, accumulating losses of approximately $10.7 million. Subsequently, it chased the rebound, pushing its position size to $30.3 million, making it a major aggressive long position in this round of price movement.