'1011 Insider Whale' Faces Historic Liquidation
New data reveals that a trader known as the '1011 Insider Whale' suffered a complete liquidation on the Hyperliquid platform, losing up to $700 million. This incident has drawn widespread market attention.
According to MLM monitoring, the trader has accumulated losses of $270 million on Hyperliquid over the past two weeks alone. Even more shocking is that since starting to use the account in early October 2025, the trader’s historical cumulative losses have exceeded $128 million.
- Single loss exceeds $700 million
- Losses reached $270 million in two weeks
- Historical losses surpass $128 million
This event serves as a stark reminder to investors that market volatility carries extreme risk, and proper position management is crucial.