BTC Whale Who Bought the Top Faces $7.8 Million Liquidation, Accounting for 62% of the Hourly Global BTC Liquidations

BlockBeats News, March 31st, according to Hyperinsight monitoring, affected by a short-term pullback, BTC fell below $67,000, with the low touching $66,600. In nearly 1 hour, the total BTC liquidation across the network reached about $12.68 million, with long positions accounting for about 99%,

The whale with an address starting with 0x9bb on the Hyperliquid platform suffered two large liquidations near $66,730, totaling 117.6 BTC liquidated, approximately $7.846 million, accounting for 62% of the total network liquidation during the same period, becoming the largest single on-chain liquidation address of the day.

It is reported that the position was opened early today in pursuit of a price increase. Currently, all BTC long positions have been liquidated, resulting in a loss of about $121,000, with a cumulative loss of $275,000 for the week.

This address was previously liquidated on March 19 when BTC pulled back below $70,000, with 192.4 long positions liquidated, approximately $13.5 million, becoming the largest single on-chain liquidation address of the day, with two consecutive liquidations leaving the whale account with only $150,000.