Liquidation King "Air Force Commander" Liquidates Entire $500 Million Position, Only $60,000 Remaining to Exit the Market

BlockBeats News, February 2nd, according to Coinbob Popular Address Monitor, the largest BTC and ETH short position holder on Hyperliquid, known as the "Short Whale Commander" (0xd83), has closed the position and left the market. This address has experienced multiple liquidations in the past week and attempted to switch to a long position with high leverage, but ended up with a total loss of over 20 million US dollars. The last position held was a BTC long position, with a profit of approximately 17,000 US dollars. Over the past weekend, the remaining 58,700 US dollars in the account were withdrawn.

The whale's total position previously approached 500 million US dollars, making it the largest short position holder for multiple coins. Recently, it has been liquidated multiple times, including around 199 million US dollars on January 22nd, around 120 million US dollars on January 26th, around 83 million US dollars on January 28th. After switching to a long position, it faced another long position liquidation of around 61 million US dollars on January 29th and 27.5 million US dollars on January 30th.