A whale was liquidated for long Bitcoin with 50x leverage on HyperLiquid, losing $10.39 million

02/27 06:10

Wechat scan to share

According to Onchain Lens monitoring, a whale's 50x leverage Bitcoin long position on HyperLiquid was liquidated 11 hours ago, resulting in the investor losing $10.39 million after holding the position for 2.5 months.

In addition to the Bitcoin position, the address also holds 115,427 HYPE tokens, currently unrealized losses of approximately $265,000, and 144.54 HFUN tokens, with unrealized losses of approximately $33,000.

Comments

All Comments

Recommended for you

CointimeSG · 04/21 02:39

India’s Top Court Shuts Door on WazirX Victims Seeking Justice, Cites Lack of Crypto Rules

Petition by WazirX victims was dismissed by India’s Supreme Court due to a lack of regulatory framework.Judges advised petitioners to approach relevant regulatory bodies instead.
Sarah Tavel · 04/19 00:47

Canary Capital seeks SEC approval for staked TRX ETF

Canary Capital filed a registration statement with the SEC on Friday for the Canary Staked TRX ETF.
VINCERO · 04/19 00:43

Coinbase Clashes With Oregon in Surprise Crypto Lawsuit After SEC Exit

Coinbase is going on the offensive as Oregon revives a discredited crypto crackdown, slamming the state’s lawsuit as politically driven and dead-on-arrival in court.
Ian Allison · 04/18 09:58

Stellar Sees $3B of Real World Assets Coming On-Chain in 2025

The Stellar blockchain has made new partnerships with Paxos, Ondo, Etherfuse and SG Forge.
Stephen Wolfram · 04/18 09:56

Bitcoin Rally Short-Circuited as Fed Chair Powell Raises Stagflation Fear

"We may find ourselves in the challenging scenario in which our dual-mandate goals are in tension," said Powell of the effect of the Trump tariffs.
Coindesk · 04/18 09:54

Coinbase Embroiled in Alleged Frontrunning Controversy With ‘Base Is for Everyone’ Token

At least three wallets bought tokens before Base announced the launch on X.
bitcoin.com · 04/18 09:46

Over $4 Billion Moved by Cryptocurrency Scams in Paraguay

Diosnel Alarcon, head of the cybercrime unit of the National Police of Paraguay, has indicated that over $4 billion was moved by cryptocurrency scams and Ponzi schemes in 2023 and 2024.
Blake Robbins · 04/18 03:57

Crypto podcasters should always assume their audience knows nothing

Crypto podcast hosts must strike a balance between engaging experts and simplifying content for newcomers, to ensure accessibility and engagement.
Mint Blockchain · 04/17 09:04

Mint Blockchain × DAOBase Strategic Partnership

This alliance marks a significant milestone in our mission to empower decentralized ecosystems and create value for our users.
cointelegraph · 04/16 02:08

CleanSpark to start selling Bitcoin in 'self-funding' pivot

CleanSpark plans to sell mined Bitcoin each month and has secured a $200M credit line from Coinbase Prime as it shifts toward self-funding operations.