Whales Lose Big: $96M Liquidated on HyperLiquid

ETH and SOL Positions Face Heavy Liquidation

Ethereum and Solana have seen increased volatility in recent sessions, and over‑leveraged long positions became particularly vulnerable. Two of the top five losses came from ETH longs, suggesting a coordinated sentiment that ultimately failed to play out.

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  Whale “0x89d” also saw $16.32 million liquidated in an XPL long.
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  Whale “0xd5f” rounded out the top five with a $15.38 million loss on another ETH long.

These events underscore the risks of high‑leverage trading, even for experienced or well‑capitalized traders. HyperLiquid, known for its deep liquidity and on‑chain transparency, has become a hotspot for whale‑level activity. However, as the recent losses show, even whales are not immune to market swings.

What This Means for the Market

Large‑scale liquidations like these can have ripple effects across the market, causing short‑term price disruptions and increased volatility. Traders should remain cautious and consider risk‑management tools such as stop‑loss orders, especially during uncertain market phases.

With these losses now public, other participants on HyperLiquid and similar platforms may adjust their strategies to avoid the same fate.