On October 11, according to Coinglass data, Hyperliquid platform had a liquidation of US$9.297 billion in the past 4 hours, of which 91.09% long positions, with long positions liquidating US$8.469 billion and short positions liquidating US$828 million, accounting for 55.42% of the total liquidation amount of the entire network during the same period, exceeding the total of other CEXs.
During the same period, Bybit’s liquidation was US$3.949 billion, Binance’s liquidation was US$2.034 billion, and OKX’s liquidation was US$1.069 billion.