A whale's BTC short position experienced the largest single liquidation in history, resulting in a settlement amount of over $17.6 million. According to Hyper Insight and Coin Glass monitoring, influenced by a 3% short-term increase in BTC price, the largest single liquidation amount across the entire network in the past 24 hours reached $14.14 million, belonging to a BTC short position on the address oxa8e on Hyper Liquid. In the past hour, this address's 40x leveraged BTC short position underwent two major liquidations, totaling approximately $17.63 million. The largest liquidation involved 160 BTC, equivalent to about $14.14 million. After full liquidation, the address quickly reopened a 40x leveraged BTC short position with a holding size of approximately $7.1 million, opening at $88,040 and liquidating at $89,820.

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