A whale long position in HYPE triggered the largest single liquidation on the entire network, with a total liquidation amount exceeding $26 million.

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On December 18th, according to monitoring by HyperInsight and CoinGlass, the largest single liquidation in the entire network in the past 24 hours reached $11.08 million, involving a long position in HYPE held by an address starting with 0xbad on Hyperliquid. This address's HYPE long position suffered three large liquidations this morning, totaling approximately $26.3 million, resulting in a loss of $8.0029 million. Currently, the next liquidation price is at $23.6, with a current position size of approximately $26.81 million, an average price of $31.2, and a floating loss of $7.7 million (-143.6%).

Furthermore, the largest long position in HYPE currently belongs to a "long-term bullish HYPE"whale, with a floating loss of $19.77 million (-294%), a position size of approximately $33.61 million, an average price of $38.6, and a liquidation price of $20.65. This address opened a large long position on October 23rd before Robinhood announced the launch of HYPE spot trading.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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