The largest single liquidation address on the entire network has been liquidated for a total of $13.8 million, attributed to a major short whale that previously liquidated and exited.

On February 12, according to Coinbob’s popular address monitoring and CoinGlass’s tracking, influenced by this morning’s BTC price fluctuations, the total liquidations across the entire network in the past 24 hours amounted to approximately $196 million, with both longs and shorts being liquidated. Among them, a whale address starting with 0x5dc2 on the Hyperliquid platform was liquidated in a single transaction for $11.86 million, becoming the largest single liquidation in this round. Monitoring shows that this whale’s BTC short positions were liquidated twice, totaling about 219 BTC, with a combined value of approximately $13.82 million. This address had previously exited the market on February 9 after a liquidation of $14.49 million, and this is its second liquidation after re-entering the market. Since then, the whale has not stopped. As of press time, it has reopened a 40x leveraged BTC short position with a position size of about $14.55 million, an entry price of $67,860, and a liquidation price of $68,690.