Multiple major short whales are being liquidated one after another, with the largest single liquidation whale on the entire network reaching a total liquidation scale of $15.7 million.

BTC-2,85%

BlockBeats News, March 5 — According to Hyperinsight monitoring, at 1 a.m. today, BTC briefly surged above $74,000. Multiple short positions held by whales on the Hyperliquid platform were liquidated. Among them, a whale address (0xebe) that rolled over BTC short positions yesterday experienced two large liquidations. It was liquidated a total of 214 BTC shorts, approximately $15.7 million. The largest single liquidation was about 171 BTC, roughly $1.26 million, marking the largest single liquidation in the network.

Additionally, a whale starting with 0xe42 was liquidated 9 times in the past 11 hours, totaling about $9.92 million in BTC shorts. Another whale starting with 0x1fd was liquidated for about $2.71 million. Currently, all three whales are opening new short positions with high leverage after these liquidations.

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