Hyperliquid's largest single whale involved a $14.7 million short position liquidation, which has now been reversed to a long position to chase the upward trend.

On February 25th, according to Coinbob's monitoring of popular addresses , influenced by the brief surge in BTC at 9 AM this morning, the whale address (0x93) that opened a short position in BTC at 6 PM last night experienced two consecutive large-scale liquidations. The total liquidation amounted to 225 BTC, approximately $14.7 million; a single liquidation reached nearly $13 million, recording the largest single liquidation on Hyperliquid that day.

Subsequently, the whale used its remaining funds to reverse course and long, opening a 40x leveraged BTC long position with a holding size of $11.48 million and an average price of $65,500, turning to chase the rise.