HuoXing Finance reports, according to Hyperinsight monitoring, during last night’s sustained pullback from BTC’s high, the Hyperliquid whale at 0xc6c逆势 accumulated positions, going long 109.7 BTC with 35x leverage, totaling $8.8 million at an average price of $82,000, with a liquidation price set at $80,650. Early this morning, as BTC’s decline continued, the price briefly touched near the liquidation level, with a spread of less than $50 (approximately 0.06%). The whale likely abandoned liquidation for the first time due to having already lost most of its capital. Later in the afternoon, BTC rebounded to around $81,680, significantly recovering its paper value and narrowing unrealized losses; however, the whale again chose to hold. Finally, during a second downward move in the past 10 minutes, large-scale liquidations occurred, after which the whale manually exited before the next liquidation cycle, leaving the account with less than $100,000. Address: 0xc6cfc26b057f9f70a4cfdd896f075d86315d9d23.
BTC whale loses $8.8M long position following price fluctuations
MarsBitShare
Summary
The BTC price dropped sharply, causing a major whale on Hyperliquid to lose an $8.8 million long position. The whale, address 0xc6c, had opened the position at $82,000 with 35x leverage. As the BTC price declined, the position neared liquidation with only a $50 buffer. After a brief rebound to $81,680, BTC price fell again, triggering widespread liquidations. Whale activity was evident as the trader manually closed the position within 10 minutes, leaving less than $100,000 in the account.
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