Penguin logoPenguin TradingFind value beyond consensus
← Crypto News

Over $52.5 Million in Notional Liquidations in the Past 7 Days, One Address Still Holds a 40x Leveraged BTC Short

According to on-chain data monitoring, a trader's notional liquidation amount on Hyperliquid exceeded $52.5 million over the past 7 days, with losses of approximately $881,000. The address currently still holds a BTC short position worth approximately $5.54 million with 40x leverage, about 0.27% away from the liquidation price; unrealized losses stand at $149,600, with cumulative historical losses of approximately $885,500.