Whale suffers $23.85M liquidation in 24 hours; total weekly loss reaches $116M

Huo Xing Finance reports that on April 3, according to Hyperinsight monitoring, the "buying on rallies, selling on dips" whale (0x965) was liquidated again overnight and this morning. Its long positions on S&P500, TAO, and short position on BRENTOIL were all liquidated, totaling $23.85 million in liquidation value. The single S&P500 long position liquidated amounted to $17.3 million, making it the largest single liquidation on the network in the past 24 hours. During the same period, this address deposited an additional $910,000 into Hyperliquid to re-establish positions. Reviewing the past week, this whale has repeatedly chased rallies and sold off dips across multiple assets including BTC, ETH, HYPE, S&P500, and BRENTOIL, accumulating a total of 37 liquidations amounting to $116 million. Each liquidation was followed by new capital injections and immediate re-entry into positions, creating a recurring cycle. As of publication, this address has shifted its focus to long positions in BTC and ETH, opening leveraged positions totaling $11 million, with current unrealized losses reaching 46%. The BTC liquidation price is $66,042 and the ETH liquidation price is $2,022.