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A crypto whale shorting BTC suffered the largest single liquidation on the entire network, totaling over $17.6 million

BlockBeats news, December 26, according to monitoring by HyperInsight and Coinglass, due to a short-term 3% surge in BTC, the largest single liquidation across the entire network in the past 24 hours reached $14.14 million, which was a BTC short position from the address starting with 0xa8e on Hyperliquid. In the past hour, this address’s 40x leveraged BTC short position was liquidated twice in large amounts, totaling approximately $17.63 million, with the largest single liquidation being 160 BTC, equivalent to about $14.14 million.

After being fully liquidated, the address immediately opened another BTC short position with 40x leverage, with a position size of about $7.1 million, an average opening price of $89,040, and a liquidation price of $89,820. Previously, on December 19, this address was the largest BTC short position on Hyperliquid.