Whale's Massive Liquidation Shocks Market: $65.13 Million ETH and XRP Longs Wiped Out

Market monitoring data shows that on January 30, a whale's long positions on Hyperliquid suffered large-scale liquidations after Bitcoin's price briefly dropped below $82,000.

Multiple Liquidations in One Day, Losses Exceed $168 Million

Data shows the account faced nine major liquidations around 9:40 AM, resulting in a total loss of $34.45 million, with total holdings dropping from $260 million to less than $60 million.

• ETH Longs: 2,534 ETH liquidated, worth about $22.55 million, with the largest single liquidation reaching $65.13 million at $2,676 per ETH, marking the largest on-chain liquidation in the past 24 hours.
• XRP Longs: Approximately 23.99 million XRP liquidated, valued at $41.51 million, with a single loss of $11.35 million.
• HYPE Longs: Around 23,000 HYPE liquidated, worth $6.69 million, now fully wiped out.

Significant Shift in Positioning Strategy

Notably, this whale previously took large short positions on ASTER after CZ's purchase, becoming the largest short holder. The current strategy has shifted, with massive long exposure in ETH and XRP.