Hyperliquid Sees 38 Positions Liquidated with Over $1 Million Loss Each in a Single Day

Overview of Hyperliquid Liquidation Event

According to monitoring data from Hyperinsight, on January 19, the crypto market experienced a sudden crash, triggering a large number of forced liquidations on Hyperliquid. There were as many as 38 liquidation events where losses of single assets exceeded $1 million, involving major cryptocurrencies such as Bitcoin and Ethereum, as well as various altcoins.

Largest Single Position Loss Exceeds $25 Million

In this market downturn, one trader holding a large BTC long position was liquidated, incurring a massive loss of $25.83 million, making it the largest liquidation incident of the day.

Market Volatility Amplifies Risks

• Extreme market volatility significantly increases risks associated with leveraged trading
• Investors should remain cautious about the potential for huge losses from high-leverage positions
• Massive liquidations spark industry discussions on risk management practices