[50x Long on Hyperliquid] The long position at address has been liquidated, and the address has been fully closed. The final loss was $3.23 million

BlockBeats News, March 13th, according to on-chain data analyst Yu Jin's monitoring, Hyperliquid's liquidation address spent 7 hours continuously slowly closing a small amount of position, ultimately liquidating the long position of 160,000 ETH (approximately $3.06 billion) taken over from the [50x long position address on Hyperliquid].

The liquidation address took over at $1915 and closed at an average price of $1895. The HLP insurance fund ended up losing $3.23 million to digest this 160,000 ETH long position.