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Hyperliquid liquidation address closed the 160,000 ETH long position of the “50x leverage whale”, resulting in a loss of $3.23 million
2025-03-12 16:40

Odaily News According to the monitoring of on-chain analyst Yu Jin, it took 7 hours of continuous small-amount liquidation for Hyperliquid's liquidation address to finally close the 160,000 ETH long position (US$306 million) taken over from [Hyperliquid's 50x leveraged whale]. It took over at US$1,915 and closed at an average price of US$1,895. The HLP vault eventually lost US$3.23 million to digest the 160,000 ETH long position.

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