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A spread trader suspected of failing to rebalance in time, 10160000 USD short position liquidated
According to monitoring by TradingBeats,BTC a short-term price surge forced Hyperliquid in total to have their 65600000 USD short positions liquidated, among which the address beginning with 0xec0b held 122.88 units of BTC short positions, all forcibly closed by the system in two rounds, with liquidation proceeds of approximately 10165000 USD, marking the platform's largest liquidation.
This BTC short position was opened on September 4, at an entry price of approximately 81,335.9 USD, and was held for approximately 17 days. The forced liquidation was executed at an average price of approximately 82,720.7 USD，BTC, only approximately higher than its entry cost by 1.7%, resulting in a realized loss of approximately 170200 USD.
Meanwhile, another ETH long position held by the address remains open. It currently holds 7007.8 units of ETH long positions, worth approximately 18951000 USD, at an entry price of approximately 2065.97 USD, with an unrealized profit of approximately 4473000 USD.
The address previously held both long ETH and short BTC positions at the same time, forming a spread combination trading the relative ETH strength of the two assets. However, during the BTC short-term upward move, the short side reached its liquidation threshold first, forcing the original combination to be unwound.
On-chain Perp live-trading social network graph, view the most comprehensive BTC on-chain data:Hyperliquid A short-term price surge triggered https://www.tradingbeats.xyz