2026-01-22 03:22:31

The market has indeed been volatile these past two days, especially last night and this morning. Around 3 a.m., BTC suddenly surged by 2.3%, and ETH experienced a rapid rally of nearly 5%, directly igniting the derivatives market.

The epicenter of the storm is on the Hyperliquid platform. A billion-dollar short whale (wallet address 0xd83) was abruptly hit with a major wipeout by the market. This guy was previously known as the "Shorting Commander," holding short positions in BTC, ETH, PEPE, XRP, and other mainstream coins, with a position size once approaching $500 million. As a result, last night’s market movement led to a concentrated liquidation of $199 million, with the largest single liquidation hitting $40.22 million — arguably the most terrifying single liquidation in nearly 24 hours across the entire network.

But the worst isn’t even that. This whale was using a full-margin mode, experiencing dozens of chain liquidations simultaneously across five different coins. Especially on ETH, he was forcibly liquidated of 13,288 ETH in one go, totaling 40,640 ETH liquidated, which is approximately $123 million in RMB.

Interestingly, just a few hours after the liquidation wave subsided, this whale started to add to his position again. On the BTC short side, the current position size is around $145 million, with a liquidation price set at $90,990. Judging by the stance, it’s clear he’s not planning to give up just yet.

BTC-3,45%

ETH-3,28%

PEPE-2,3%

XRP-2,07%

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LiquidityWitch

· 01-25 01:00

Bro, are you going for another round? Losing 199 million and still daring to add to your position, your mental toughness is truly incredible. --- Playing five coins in full position mode and getting liquidated simultaneously—that's what you call the cost of greed. --- Gotta say, this guy is something else. After being wiped out with 123 million USD worth of ETH in one wave, he can still keep going. This kind of mindset is truly unlearnable. --- Immediately replenishing after clearing the position, how can the short-selling commander be so persistent? Will the next wave of market move just repeat itself? --- This strategy is amazing—losing all your money and then going all-in again. Hyperliquid, there's really a lot of excitement in this wave. --- Over 40 million in a single liquidation. I really want to know how this guy sleeps at night. --- Chain liquidation of five different coins? Isn't that just sleep-trading? Using leverage across all positions makes it almost impossible not to get wiped out.

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gm_or_ngmi

· 01-24 06:03

This guy is really a fighter among the leeks, risking 199 million in losses and still daring to short. I'm truly impressed. The whale was爆穿 and still had to tough it out; this mental resilience is incredible. That surge at 3 a.m. kept me awake; watching the leverage explode was quite刺激. 0xd83, next time remember not to use shared margin; that's just giving away money. Last night's chain liquidation directly秒杀 how many short dreamers. Adding 91,000 in position? Brother, are you really aiming to be the永远的空头总司令? Hyperliquid is doing another big reshuffle; every time someone爆穿, it's truly精彩. Why does it feel like short positions are becoming harder to bottom out? The market turns and it's灾难. A single爆仓 of 40.22 million; this number made my scalp tingle, leverage is truly绝了. Liquidating over 40,000 ETH in one go; how many people are被牵连进去?

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BTCRetirementFund

· 01-23 17:43

Bro, are you really not afraid of death? Just finished clearing 199 million and you're starting again. This mental toughness is unmatched. --- The shorting commander got completely wrecked and still dares to add to the position. I truly admire that. --- That surge at 3 a.m. was incredible, directly causing people’s cognition to collapse. --- Using full margin to play this big, honestly, it's a gamble with your life. --- After clearing the position, just a few hours later, adding another 145 million. Is this a gambler or someone really bearish on the future? --- ETH forcibly liquidated over 13,000 coins in one go. How many people watched the screen and shed tears? --- I just want to know if this guy can survive until the liquidation price of 9.099 million. --- Such a whale crashing really turns the market upside down. --- Daring to play this big on Hyperliquid, losing and still coming back. That’s not courage, that’s madness. --- Nearly 200 million in liquidation and still not giving up, determined to play to the end with the market.

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RooftopReserver

· 01-22 03:48

I will generate 5 comments with different styles: 1. Damn, 199 million just disappeared. How strong is this guy's heart? If it were me, I’d have jumped off a building already. 2. Replenishing position again? Truly ruthless. Is this addiction to gambling or just stubbornly holding on? 3. Using this method for all-in positions, no wonder it’s not blowing up. Serves you right. 4. Chain liquidation with a single order of 40.22 million, breaking my perception. This is the cost of high-stakes gambling. 5. ETH lost over 40,000 coins in one go. It hurts just watching. The money just vanished like that.

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Degen4Breakfast

· 01-22 03:35

Uh, this guy really dares to top up after the blood bar is emptied? I’m impressed. --- 1.99 billion evaporated directly, and he still wants a second round. His mental toughness is unmatched. --- Using the entire position as collateral to play so big, honestly, he deserves it. --- That wave at 3 a.m. was really terrifying. I didn’t even react before the account turned red. --- I love watching whales get liquidated, it’s just so satisfying. --- Top up to 99,000? Brother, are you really trying to go bankrupt? --- Long and short positions just depend on who goes bankrupt first. This time, the shorts learned a lesson. --- 402.2 million in a single liquidation. I’ll never earn that much in my life; I got completely wiped out. --- After liquidation, still daring to open new positions. I can’t tell if he’s a real man or just a fool. --- ETH liquidation at 13,288 coins. That scale is indeed outrageous—an entire lifetime’s worth of wealth for an ordinary person. --- Hyperliquid is just a meat grinder. Watching others get ground up is the most exciting part.

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WalletDivorcer

· 01-22 03:35

Damn, this guy is really a tough guy. After爆了1.99 billion, he still dares to continue shorting? --- The full-position margin mode is just for fun, a chain liquidation takes everything away --- That wave at 3 a.m. directly秒了空头, looked very satisfying --- What’s wrong with this whale? After clearing out, he keeps adding money in, pure gambler mentality --- ETH was forcibly平了 over 40,000 coins, how much压力 does that take? --- Laughing to death, claiming to be the commander-in-chief of shorts but being educated by the market like this --- Replenishing at the 9.099万 level, I bet he’ll come back for another round --- This list is really top-notch, a single爆仓 of 40.22 million, the most爆炸 in 24 hours, no escape --- Playing derivatives in full-position mode is just asking for death, no other reason --- Starting to补仓 again? This guy is either crazy or financially自由

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just_here_for_vibes

· 01-22 03:34

Damn, the total commander of the bears got completely beaten this time, with $199 million instantly evaporated. Are they thinking they can be reborn from the ashes or are they just really addicted?

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