A major BTC long position on the chain was liquidated repeatedly, with total liquidations exceeding $14 million in a single day.

BTC-2,96%
ETH-4,66%
HYPE-3,69%

BlockBeats News, March 26 — According to Hyperinsight monitoring, due to a short-term dip in BTC prices, a whale holding BTC long positions starting with 0x965 was liquidated multiple times as the price fell near $69,500. A total of 125 BTC were liquidated, worth approximately $8.69 million, with the largest single liquidation reaching $6.95 million, ranking as the second-largest single liquidation address on the entire network.

In fact, this address was liquidated twice for ETH long positions about three hours earlier, totaling 2,647 ETH, worth approximately $5.59 million. Both positions were fully liquidated, resulting in a combined loss of about $270,000. The two rounds of liquidation totaled over $14.2 million. The address still holds $4.64 million worth of HYPE long positions, with a liquidation price at $38.1.

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