Digital Currency
Add as a preferred source on GoogleThe four traders’ Bitcoin long positions were valued at $42 million, while combined losses reached $2.79 million.
A one-hour liquidation tally put losses at $2.79 million among four Hyperliquid traders holding Bitcoin long positions.
The positions’ stated value was $42 million, while the four traders’ reported losses totaled $2.79 million. The single trader’s loss represented about 57% of the group total.
A long position is intended to benefit when an asset’s price rises.
Bitcoin and Ether made up about 70% of the tally. The largest individual closure was a $31.1 million BTC-USD position on Hyperliquid.
A 24-hour tally reached $1.036 billion across 134,178 traders, and the largest individual liquidation was $31.09 million on Hyperliquid’s BTC-USD market.
Onchain Lens listed the short at 500 BTC with $36.97 million in notional exposure and reported $21.32 million in lifetime profit for the account.
