Hyperliquid’s 50x leveraged whale actively liquidated long orders, causing a $306 million position to be liquidated

Odaily News According to on-chain analyst @ai_9684xtpa, after the 50x leveraged whale on Hyperliquid actively withdrew most of the principal and profits, its long positions of 160,234.18 ETH were liquidated, with a total value of US$306 million.
Liquidation details:
The whales withdraw most of the principal and profits first, compressing the liquidation price.
Its long position of 160,234.18 ETH (US$306 million) was taken over by the Hyperliquid (HLP) system at US$1,915 and liquidated.
8 million USDC has been withdrawn back to the Arbitrum network.