Crypto Mixer Navigator, Feb 9 — A sharp rise in Bitcoin's price to $72,300 triggered roughly $93.14M in liquidations across markets within a 4-hour window. Bitcoin led all assets in liquidation volume, with 81.4% of positions being short. The majority, 60%, of these liquidations occurred on Hyperliquid.
Whale Sees Over $11.6M in Single Position Wiped Out
Monitoring data showed a whale on Hyperliquid, identified by the address starting with 0x5dc, lost over 201 BTC in forced liquidations — equivalent to $14.49M. The largest single liquidation reached $11.63M, and the account has now been fully closed.
During the same period, another major liquidation exceeding $18M was recorded on the platform, highlighting the extreme market volatility and increasing leveraged risk in the market environment.