BlockBeats news, February 12: According to monitoring by Coinbob Popular Address Monitoring and CoinGlass, affected by BTC price fluctuations this morning, the total network liquidation volume for BTC in the past 24 hours reached approximately $196 million, with both long and short positions liquidated. On the Hyperliquid platform, the whale address starting with 0x5dc2 suffered a single liquidation of $11.86 million, becoming the largest single liquidation in this round.
Monitoring shows that the whale's BTC short position was liquidated twice, totaling approximately 219 BTC, with a total value of about $13.82 million. This address had previously been liquidated on February 9 due to a $14.49 million margin call and exited the position; this is the second liquidation after re-entering the market.
Thereafter, this whale did not stop. As of press time, it has reopened a 40x leveraged BTC short position with a holding size of approximately $14.55 million, an entry price of $67,860, and a liquidation price of $68,690.