ETH short whale suffers $30M liquidation after price surges 5%

KuCoinFlash

Release Time: 03/04/2026 10:17:52

ETH

$2,050.984.36%

Summary

On March 4, the ETH price surged over 5%, triggering a $30 million liquidation on Hyperliquid. A whale with the address 0xa5e4 had opened a short position at $1,940, using $1.7 million in collateral. The position peaked at $31 million before being fully liquidated. Following the liquidation, the account balance dropped to $170,000, with nearly all funds withdrawn. Whale activity in ETH markets remains a key indicator for traders.

BlockBeats report, March 4: According to Hyperliquid monitoring, triggered by a short-term spike in ETH price exceeding 5%, the whale position starting with address 0xa5e4 on Hyperliquid was liquidated in a chain reaction, leaving the account balance temporarily at just $170,000. The user has since withdrawn all remaining funds. This liquidation resulted in cumulative losses exceeding $1.5 million, with a total liquidation value of nearly $30 million.

This address transferred approximately $1.7 million in principal to Hyperliquid 18 hours ago, then opened a short position on ETH at an average price of $1,940, with a peak position size of $31 million.

Source:Show original

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.