A prominent crypto whale, identified by the address 0x965, experienced a $23.85 million liquidation over the past 24 hours, according to Hyperinsight monitoring. The whale's long positions on S&P500 and TAO, along with a short position on BRENTOIL, were liquidated, with the S&P500 position alone accounting for $17.3 million, marking the largest single liquidation on the network during this period. Despite these setbacks, the whale deposited an additional $910,000 into Hyperliquid to re-establish positions.
Over the past week, the whale has incurred 37 liquidations totaling $116 million, frequently reinvesting and re-entering positions across various assets such as BTC, ETH, HYPE, S&P500, and BRENTOIL. Currently, the whale has shifted focus to long positions in BTC and ETH, with leveraged positions totaling $11 million and unrealized losses at 46%. The BTC and ETH liquidation prices are set at $66,042 and $2,022, respectively.
Whale Faces $23.85M Liquidation in 24 Hours, Weekly Loss Hits $116M
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
