Hyperliquid's largest single liquidation event of a whale shorting $14.7 million has now reversed long to chase the price up

BlockBeats News, February 25th, according to Coinbob Popular Address Monitor, this morning at 9 o'clock, due to a short-term BTC price surge, the whale address (0x93) that opened a BTC short position at 6:00 pm last night experienced two large-scale liquidations in a row. The total liquidation amount reached 225 BTC, equivalent to about $14.7 million; among them, a single liquidation amount was nearly $13 million, marking the largest single liquidation on Hyperliquid within the day.

Subsequently, the whale chose to reverse and open a 40x leveraged long position with the remaining funds, holding a position worth $11.48 million, with an average price of $65,500, and shifted to chasing the price increase.