PANews, August 2 — According to Onchain Lens monitoring, a Hyperliquid trader was liquidated four hours ago due to a $47,610 long position in $BRENTOIL, resulting in a loss of approximately $277,600. Six days ago, the same trader suffered a liquidation on $BRENTOIL, losing around $288,500, bringing their total losses to approximately $566,100. The trader’s cumulative lifetime losses amount to roughly $2.86 million.
Hyperliquid trader loses $566,100 in two forced closures of $BRENTOIL positions
PANewsShare
Summary
A Hyperliquid trader lost $566,100 across two forced liquidations of $BRENTOIL positions. A $47,610 long position was liquidated four hours ago, resulting in a $277,600 loss, following a $288,500 loss from a prior forced liquidation six days earlier. The trader’s total losses now amount to $2.86 million. Implementing proper stop-loss strategies and appropriate position sizing could help mitigate such risks.
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.