Hyperliquid whale's BTC and ETH longs are approaching the liquidation price, valued at approximately 65000000 USD.
BIBIBI
AT A GLANCE
According to PANews, a certain whale on Hyperliquid still holds about 65000000 USD worth of BTC and ETH long positions, with prices near the liquidation line.
Article
Data: A certain whale’s BTC and ETH long positions worth approximately 65000000 USD are approaching the liquidation price
PANews November 11 reports that Onchain Lens posted on X that a whale address on Hyperliquid had partially closed its BTC and ETH long positions earlier, incurring a loss of 2530000 USD. Hyperliquid data shows that as of press time, the address still holds approximately 536.89 BTC longs and 12742 ETH longs, with a combined value of about 65000000 USD and an unrealized loss of approximately 9700000 USD; the liquidation prices for BTC and ETH are around 71966 USD and 1979 USD respectively, approximately 1.48% and 2.28% below the current prices. According to Onchain Lens statistics, this account’s total loss is approximately 17510000 USD.
PANews, citing Onchain Lens, reported that the address had previously partially closed BTC and ETH long positions, incurring a loss of 2530000 USD.
02
The original text states that, according to Hyperliquid data, as of press time, the address still holds approximately 536.89 BTC long positions and 12742 ETH long positions, with a combined value of about 65000000 USD.
03
The original report shows that the remaining position has an unrealized loss of approximately 9700000 USD.
04
The liquidation prices of BTC and ETH were approximately 71966 USD and 1979 USD, respectively, about 1.48% and 2.28% away from the prices at that time.
05
According to Onchain Lens statistics, the account's total loss is approximately 17510000 USD.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The report describes an account that still holds long positions in BTC and ETH: some previous partial liquidations had already resulted in losses, the remaining positions also have floating losses, and at that time the price was close to the liquidation price mentioned in the article. The original text says “approaching the liquidation price” and does not confirm that these remaining positions have been liquidated.
Why it matters to readers
The focus of this data is the distance between the account’s remaining position and the liquidation price, rather than the outcome of a liquidation that has already occurred.
When reading, distinguish between partial liquidation losses, unrealized losses on remaining positions, and the account’s total loss; do not simply add these figures together, nor treat the situation of a single account as a conclusion about price trends.
Risks and unknowns
The original text does not provide the account address, so it is impossible to independently verify the position and loss data based on this.
The data only describes the status as of press time; subsequent positions, prices, and liquidation status have not been confirmed.
The original text does not specify the statistical scope of total account losses, nor its specific relationship to closed and unrealized losses.
The original text marks November 11, but does not specify the year or the exact data point.
Related Developments
Loading event timeline…
Related concepts
Long Position
This term is not in the glossary yet. Browse related concepts in the glossary.