Data: A long position of 4,500 ETH was liquidated in 6 transactions totaling 4.9 million USD, making it the largest liquidation address on the chain for the day

According to monitoring by Hyperinsight, the largest on-chain liquidation pressure yesterday came from a whale that went long on 4,500 ETH, which has faced six liquidations in total, amounting to approximately $4.91 million, making it the largest liquidation address on-chain today.

Currently, this address still holds approximately $9.55 million in long positions, detailed as follows: ETH liquidation of 1,620 (approximately $3.67 million), remaining position of $6.62 million, liquidation price of $2,250; BTC liquidation of 10.8 (approximately $830,000), remaining position of $1.48 million, liquidation price of $70,020; HYPE liquidation of 99,000 (approximately $410,000), remaining position of $1.46 million, liquidation price of $37.45.

It is reported that this address opened a 25x leveraged long position in ETH last Monday, and after a week of continuous rolling, it added another 500 ETH yesterday morning. However, it encountered two rounds of market downturns last night and this morning, with three long positions recording a total loss of approximately $610,000.