HYPE on Hyperliquid saw $60.3 million in liquidations in the past 24 hours, with long positions accounting for 99.7%.

BlockBeats news, November 15 - According to Mlm monitoring, in the past 24 hours, HYPE contract liquidations on Hyperliquid amounted to approximately $60.3 million, setting a record high for at least a year. Among them, long position liquidations were about $60.1 million, accounting for 99.7%. During this period, HYPE once dropped to $59.85, with liquidations involving 3,284 wallet addresses and a total of 13,161 liquidation trades recorded.

Liquidations were concentrated within two hours: approximately $12.1 million in the first hour starting from 20:00 UTC, increasing to $20.9 million in the following hour, totaling about $33 million, accounting for approximately 55% of the 24-hour liquidation total. In the previous year, the largest occurrence was on November 21, 2025, when HYPE long position liquidations amounted to approximately $50.9 million that day.