BlockBeats News, January 19 — According to monitoring by HyperInsight and Coinglass, following a brief drop of over 3.5% in BTC this morning, a massive whale address on Hyperliquid experienced multiple large liquidations. The largest single liquidation reached $25.83 million, the biggest one in the past 24 hours across the network.
The whale started last Friday (the 16th), transferring ETH from the chain to Hyperliquid and continuously selling ETH spot. Meanwhile, it opened a 40x leveraged BTC long position at around $95,600 and kept adding to it. Its BTC long position once reached 350 BTC, worth approximately $33.46 million. Despite continuing to transfer and sell ETH during today’s decline in an attempt to lower the liquidation price, its BTC longs were all liquidated, resulting in a total loss of about $1.1 million.
After the liquidation, the address transferred back about 169 ETH spot to the platform and sold it, then reopened a BTC long position with 40x leverage. The new position size was $38.7 million, with an average price of about $92,600, and a liquidation price set at $91,400. Currently, this whale has become the third-largest long holder of BTC on Hyperliquid.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Gold falls to $4,758, the BTC Volatility Index drops 1.77%, and WTI crude oil rises 0.44%
April 10, gold and silver prices fell slightly, trading at $4,758.37 per ounce and $75.165 per ounce, respectively. The Bitcoin Volatility Index (BVIX) dropped to 44.36, and in the foreign exchange market, the U.S. dollar rose against the offshore yuan and the Japanese yen. Major European stock indexes generally declined, while WTI and Brent crude oil rose slightly. The Gate platform supports trading a variety of financial market products.
GateNews23m ago
Changpeng Zhao: Quantum computing could undermine existing encryption mechanisms; Bitcoin may need to fork to respond
Changpeng Zhao said in an interview that advances in quantum computing technology could threaten the security of existing cryptocurrencies, and that Bitcoin may need to adopt post-quantum encryption technology through a fork upgrade. He emphasized that the emergence of new encryption algorithms will help address the challenges posed by quantum computing.
GateNews27m ago
Cango Completes $442M Bitcoin Liquidation and Secures $75M in New Capital for AI Pivot
Cango Inc. sold 6,451 bitcoin across February and March 2026, applying the proceeds entirely to retire crypto-collateralized loans as the company transitions its mining infrastructure toward artificial intelligence (AI) compute services.
Key Takeaways:
Cango Inc. sold 6,451 BTC across February an
Coinpedia1h ago
BTC 跌破 72000 USDT
Gate News bot 消息，Gate 行情显示，BTC 跌破 72000 USDT，现价 71996.4 USDT。
CryptoRadar2h ago
BTC 15-minute drop of 0.42%: Large-amount net outflows and geopolitical risk-off sentiment weigh on the short-term market
From 22:30 to 22:45 (UTC) on 2026-04-09, the BTC price briefly dipped within a 0.46% amplitude range. The return was recorded at -0.42%, and the price fluctuated between 72,298.3 and 72,631.6 USDT.
During this period, market attention warmed up. Trading volume for short-term active orders increased alongside heightened volatility, and overall sentiment turned cautious.
The main driving forces behind this unusual move were net outflows of large exchange funds and a liquidity bottleneck. On-chain data shows that over the past 24 hours, the BTC exchange large-net-outflow amount reached -559.08 BTC, directly reflecting institutions and Large Investors
GateNews2h ago
