Data: Yesterday, the largest short position in BTC was precisely liquidated for 97 million USD, recording the largest single liquidation across the network

According to monitoring by HyperInsight and Coinglass, BTC quickly surged 2% to $96,100 within 5 minutes. The largest short whale (0x7b7b) holding over $120 million in BTC on Hyperliquid was liquidated multiple times, with the largest liquidation amounting to approximately $96.51 million, the largest single liquidation across the network.

At that time, the average holding price for this address was $95,270, with a liquidation price of about $96,000. Its short positions in XRP and ZEC were also liquidated, totaling a loss of approximately $2.97 million, with the account value dropping from a high of $6.57 million to $1.47 million, after which all funds were withdrawn. In the past 9 hours, this address deposited about $1.7 million into Hyperliquid again, and then opened a 10x leveraged short position in ZEC at an average price of $666, with a liquidation price of $683, currently showing an unrealized profit of $1.4 million (74%). This address is known for being a player on Roobet and Stake.com, and since transferring $7 million to Hyperliquid on November 6, it has experienced significant losses and small profits, previously using the entire position to short BTC, recording a loss of up to $6.89 million, and later making small profits from trading BTC, ETH, and XRP, but this time recording another significant loss.