Following this morning's brief spike above $2,400, an Ethereum whale was liquidated twice and lost $2.39 million in the process.

BlockBeats News, April 27, according to Hyperinsight monitoring, during this round of the uptrend, ETH experienced a short-term surge to above $2,400. The ETH short position held by a whale with address starting with 0x5bc on Hyperliquid triggered two consecutive large-scale liquidations, resulting in a total liquidation of 1,000 ETH, equivalent to about $2.395 million, with a recorded loss of approximately $68,000.

It is reported that this short position was opened last night. Meanwhile, the same address also opened a 20x leveraged BTC short position, amounting to 50 BTC (approximately $3.95 million), with a liquidation price at $80,662.

Address: 0x5bcb085d7fadba61507a3aee9e832cbfa331f5dd