The largest long position on Hyperliquid for BTC was liquidated for $10.27 million, marking the biggest single liquidation across the entire network in the past 24 hours.

2026-03-06 08:10:34

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Odaily Planet Daily reports that in the past 2 hours, a large whale holding BTC long positions starting with 0x1bf was liquidated when the price dropped back to $70,151. A total of 146 BTC were liquidated, worth approximately $10.27 million, making it the largest single liquidation across the entire network in nearly 24 hours.

Currently, this address still holds a BTC long position with 40x leverage, with a position size of about $41.6 million, an average entry price of $71,440, and a next liquidation price of $69,997, about 1.4% away from liquidation.

Last night, this address closed all its BTC short positions worth $32.5 million at an average price of $72,300 to realize profits. Afterward, when BTC fell below $72,000, it reversed to open long positions, pushing the holdings up to $52 million at one point, becoming the largest BTC long on Hyperliquid. From a short to a long and then to liquidation—all within less than 24 hours.

BTC-4.32%

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