TechFlow News, May 27: According to Hyperinsight monitoring data, early this morning, the “$13M whale” short address on Hyperliquid suffered yet another liquidation after two consecutive forced liquidations of its long positions, bringing its total liquidated amount to 96.39 BTC (approximately $7.3 million). This whale has now been the largest liquidation address on Hyperliquid for three consecutive days, with a cumulative liquidation value of $30.46 million. The breakdown is as follows:
- May 25 at 6:00 PM: The address’s original BTC short positions were liquidated consecutively, resulting in a total forced liquidation of 169.5 BTC (approximately $13.15 million); it then reversed its position using the remaining $220,000 to open longs.
- May 26 at 8:00 AM: BTC’s price dropped near $76,650, triggering the liquidation threshold and causing another liquidation of its long positions; the remaining funds were again used to open new longs.
- Today at 2:00 AM: BTC dropped again below $76,000, leading to liquidation of this contrarian whale’s long positions, leaving only $70,000 in its account.
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