- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
BTC and ETH's largest short seller, the "Short Arm of the Law," has been liquidated for $199 million, marking the largest liquidation in the entire network in the past 24 hours.
BlockBeats News, January 22, according to HyperInsight and Coinglass monitoring, the market experienced significant volatility last night and this morning. Influenced by BTC's 2.3% short-term rise and ETH's nearly 5% rise at 3 am today, the largest bear whale on Hyperliquid, the "Air Force Commander" (0xd83), suffered a large-scale liquidation amounting to $199 million. The largest single liquidation amount was $40.22 million, marking the largest single liquidation in nearly 24 hours across the network.
The address had significantly increased its short positions in ETH, XRP, and other coins yesterday, with a total position size approaching $500 million at one point. It had also become the largest short position holder on-chain for BTC, ETH, PEPE, XRP, and other coins. Due to its use of cross-margin sharing, the whale's actions significantly pushed down the liquidation prices of multiple coins. Around 3:30 am this morning, the address's positions in five coins suffered dozens of consecutive liquidations.
In the past few hours, the whale has once again opened short positions in multiple coins. The specific liquidation and holding information is as follows:
BTC Short: Liquidation amount of 400 coins, equivalent to about $36.04 million, current position size approximately $145 million, liquidation price $90,990;
ETH Short: Largest single liquidation of 13,288 coins, total of 40,640 coins, equivalent to about $123 million, current position size approximately $96.1 million, liquidation price $3,073;
PEPE Short: Liquidation amount of approximately $7.41 million; current position size approximately $13.3 million, liquidation price $0.00579;
XRP Short: Liquidation amount of 14.88 million coins, equivalent to about $29.07 million, fully liquidated;
HYPE Short: Liquidation amount of 185,700 coins, equivalent to about $4.01 million; current position size approximately $13.11 million, liquidation price $24.64;
You may also like
Bloomberg: A Romanian Presidential Election Intervened by Crypto Traders
Founders Fund, Pantera, and Franklin Templeton join Sentient's "Arena" to stress test enterprise-level AI agents
Why Retail Is Shifting From Crypto to Equities: Will They Return?
Retail traders are exiting the crypto market and gravitating towards equities. Bitcoin saw a notable reduction in spot…
Canton Crypto Network vs. XRP: Understanding DTCC’s Strategic Approach to Infrastructure and Liquidity
Key Takeaways Canton Network and XRP serve distinct roles in blockchain technology: Canton for asset tokenization and atomic…
Jack Dorsey’s Block to Cut 4,000 Jobs in AI-Driven Restructuring
Key Takeaways Block’s significant job cuts aim to streamline operations for AI-driven growth. The company’s stock surged over…
Axiom Crypto Uncovered: ZachXBT Reveals $400k Insider Trading
Key Takeaways Allegations of insider trading at Axiom Crypto involve approximately $400,000 and a complex scheme where employees…
Ethereum 2029 Roadmap: ETH to Become the High-Speed Internet of Value
Key Takeaways Ethereum’s new roadmap, the “Strawmap,” aims for a settlement layer achieving 10,000 transactions per second (TPS)…
India Enhances Crypto KYC and AML Measures with Live ID and Location Checks
Key Takeaways: India classifies crypto exchanges as Virtual Digital Asset (VDA) service providers requiring enhanced Anti-Money Laundering (AML)…
Bitcoin Price Prediction: $500 Million in Short Positions Just Got Wiped Out — Is a Bull Market Beginning?
Key Takeaways: Bitcoin experienced a massive short squeeze, liquidating nearly $500 million in short positions and propelling its…
XRP Price Prediction: Ripple Invests Billions to Forge a Connection with Banks – Is $1,000 Possible?
Key Takeaways: Ripple has invested around $4 billion in establishing connections between traditional banks and crypto platforms, illustrating…
Crypto Price Prediction Today 26 February – XRP, Bitcoin, Ethereum
Key Takeaways Bitcoin has rebounded above $68,000, reigniting optimism within the crypto market and potentially signaling a shift…
Google’s Gemini AI Predicts the Price of XRP, Dogecoin, and Shiba Inu by the End of 2026
Key Takeaways Google’s Gemini AI forecasts significant price surges for XRP, Dogecoin, and Shiba Inu by the end…
Wall Street Frontrunning Retail? Institutions Flooded Ethereum Before 15% Price Rally
Key Takeaways Institutional Inflows Surge: A massive $157 million institutional inflow was recorded into Ethereum ETFs in a…
Animoca’s Yat Siu Says AI Agents Will Make 2026 the ‘Year of Utility’
Key Takeaways Animoca’s Yat Siu envisions a future where AI agents and blockchain seamlessly integrate, making 2026 a…
Chainlink Price Surges: What’s Behind Today’s LINK Rally?
Key Takeaways Chainlink’s price has experienced a notable surge, increasing over 14% to reach $9.35, its highest since…
Crypto Exchange Kraken Aims to Reignite Services in India
Key Takeaways Kraken is making strides to re-establish its footprint in the Indian cryptocurrency market. Vishesh Khurana has…
Crypto Rebound: Bitcoin Hits $68,000, Circle’s Revenue Climbs, and NEAR’s Confident Rise
Key Takeaways Bitcoin’s recent surge to $68,000 represents a strategic market rebound, driven by structural support and forced…
MetaMask Expands Mastercard Crypto Card Across the U.S.
Key Takeaways MetaMask has launched its self-custodial crypto card across all 50 U.S. states, broadening the accessibility of…
Bloomberg: A Romanian Presidential Election Intervened by Crypto Traders
Founders Fund, Pantera, and Franklin Templeton join Sentient's "Arena" to stress test enterprise-level AI agents
Why Retail Is Shifting From Crypto to Equities: Will They Return?
Retail traders are exiting the crypto market and gravitating towards equities. Bitcoin saw a notable reduction in spot…
Canton Crypto Network vs. XRP: Understanding DTCC’s Strategic Approach to Infrastructure and Liquidity
Key Takeaways Canton Network and XRP serve distinct roles in blockchain technology: Canton for asset tokenization and atomic…
Jack Dorsey’s Block to Cut 4,000 Jobs in AI-Driven Restructuring
Key Takeaways Block’s significant job cuts aim to streamline operations for AI-driven growth. The company’s stock surged over…
Axiom Crypto Uncovered: ZachXBT Reveals $400k Insider Trading
Key Takeaways Allegations of insider trading at Axiom Crypto involve approximately $400,000 and a complex scheme where employees…
App