Yesterday, the largest BTC short positions were precisely liquidated for 97 million USD, recording the largest single liquidation on the entire network.

According to monitoring by HyperInsight and Coinglass, at 10 PM yesterday, BTC quickly rose by 2% to $96,100 within 5 minutes. A whale with over $120 million in BTC holdings on Hyperliquid (0x7b7b) faced multiple liquidations, with the largest single liquidation amounting to approximately $96.51 million, making it the largest single liquidation across the network. At that time, the address had an average holding price of $95,270, with a liquidation price of about $96,000. Its short positions in XRP and ZEC were liquidated simultaneously, resulting in a total loss of approximately $2.97 million, with the account value dropping from a peak of $6.57 million yesterday to $1.47 million, after which all funds were withdrawn. In the past 9 hours, this address deposited about $1.7 million back into Hyperliquid, and then opened a 10x leveraged short position in ZEC with an average price of $666 and a liquidation price of $683, currently showing unrealized gains of $1.4 million (74%). This address belongs to a well-known player from Roobet and Stake.com, who has been experiencing significant losses and small gains since transferring $7 million to Hyperliquid on November 6. They had previously used all their holdings to short BTC, recording a loss of up to $6.89 million, and later made some small profits from chasing the price of BTC, ETH, and XRP, but this time recorded significant losses again.