Hupzy (Spot On Chain)|Aug 20, 2026 09:01
Two wallets were liquidated on Hyperliquid for a combined $๐ฐ๐ฑ.๐ณ๐ณ๐ in under 30 minutes โ 521 BTC ($37.27M) and 3,738 ETH ($8.5M) forced-sold into the market.
๐๐๐ฝ๐๐ ๐๐ฎ๐ธ๐ฒ: Rapid liquidation cascades of this size are significant ๐ณ๐ผ๐ฟ๐ฐ๐ฒ๐ฑ-๐๐ฒ๐น๐น๐ถ๐ป๐ด ๐ฝ๐ฟ๐ฒ๐๐๐๐ฟ๐ฒ that can amplify downward moves short-term. But flushes also mark leverage cleanup โ watch whether price stabilizes after the flush (local capitulation) or continues lower toward more liquidation levels.
https://app.hyperliquid.xyz/tradeHistory/0x50b309f78e774a756a2230e1769729094cac9f20
source: lookonchain
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