Hyperliquid HYPE whale faces consecutive liquidations: over $11 million in single-day liquidations

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【Block Rhythm】Hyperliquid has staged an intense liquidation spectacle. On December 18th, an address starting with 0xbad experienced three large-scale liquidations within 24 hours, with a single liquidation reaching up to $11.08 million. The total loss from the three liquidations was approximately $26.3 million, with an unrealized loss of over $8 million.

The HYPE long position of this address is currently not doing well—holding a position size of $26.81 million, with an average entry price of $31.2, and an unrealized loss of $7.7 million, with a paper loss ratio of -143.6%. The next liquidation price is at $23.6, and the risk has not been eliminated.

But this is not the worst. There is a “long-term bullish HYPE” whale in the market with an even more exaggerated unrealized loss—$19.77 million, with a paper decline of -294%, holding a position size of about $33.61 million, with an average entry price of $38.6. The whale’s liquidation price is set at $20.65, which is worth paying attention to. Interestingly, this address had already opened a large long position before Robinhood announced the launch of HYPE spot trading on October 23rd.

From the data, HYPE longs are under considerable pressure, and the market volatility is vividly evident.

HYPE3,37%
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bridgeOopsvip
· 2025-12-18 04:00
Oh my, it's Hyperliquid again. These whales are really playing with fire. --- The futures market is a meat grinder. Just look at how devastating the losses are. --- 26.3 million just disappeared, I need to think about that little money in my account. --- The longs should really be panicking now... --- This wave of liquidations feels like it's just beginning. --- Floating loss of 19.77 million, still holding on. Such mental resilience is unmatched. --- Why does Hyperliquid have so many issues? --- A true reflection of leveraged traders—brutally honest.
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UnluckyValidatorvip
· 2025-12-18 03:59
The fate of leverage players, huh? Once again, it's the whales getting slaughtered in this round.
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