Whale Faces Massive Liquidation

Data from Coinbob's monitored addresses shows that on February 25, a whale address (0x93) faced consecutive liquidations after BTC's sudden price surge. The two liquidations totaled 225 BTC (~$14.7M), with one single liquidation reaching nearly $13M - marking the largest single liquidation on Hyperliquid that day.

Strategic Reversal and Rally Bet

Despite significant losses, the whale remained active by swiftly reversing its position. Records show a new 40x leverage long position was opened, with holdings valued at $11.48M. The average entry price at $65,500 indicates strong confidence in BTC's upward trajectory.

Market Implications

This event highlights the risks inherent in leveraged crypto trading while demonstrating the adaptive strategies of top-tier traders. In volatile markets, risk management and position adjustment capabilities prove crucial for survival.