In the past 24 hours, the largest single liquidation across the entire network was in on-chain Brent Crude Oil, with a certain BRENTOIL long position being liquidated for over $6 million consecutively.

BlockBeats News, March 11th, according to Hyperinsight and Coinglass monitoring, in the past 24 hours, the largest single liquidation across the network occurred on Hyperliquid platform, with the underlying asset being Brent Crude Oil (BRENTOIL). An address held a long position and experienced multiple large liquidations as the oil price dropped, with a cumulative amount exceeding 6 million US dollars.

The initial liquidation occurred after the BRENTOIL price dropped below $89, with a single liquidation size of $3.32 million; subsequently, as the price further fell below $87, the address triggered liquidation again, with a single amount of $3.13 million. The consecutive liquidations made it the largest single liquidation event across the network in nearly 24 hours.