Data: In the past 24 hours, over 60 million USD in HYPE was liquidated on Hyperliquid, with 99.7% being long positions

According to MLM monitoring, in the past 24 hours, the total amount of liquidations related to HYPE on the Hyperliquid platform reached 60.3 million USD, setting a record high for at least the past year. Among them, long positions accounted for approximately 60.1 million USD, making up 99.7%; a total of 13,161 liquidations occurred, involving 3,284 wallets, during which the price of HYPE briefly dropped to 59.85 USD.

The liquidations were mainly concentrated in a short period, with about 33 million USD in positions liquidated within just two hours, including 12.1 million USD liquidated in the first hour starting at 20:00 UTC, which further increased to 20.9 million USD in the following hour.

In terms of single-day liquidation scale rankings over the past year, this event surpassed the 50.9 million USD on November 21, 2025, becoming the largest single-day liquidation event for HYPE positions on the Hyperliquid platform in the past year.