Hyperliquid Flash Crash: 38 Million-Dollar Liquidations, Largest Single BTC Long Loss Exceeds $25 Million

2026-01-19 02:48:11

【BitPush】Today’s market experienced a sharp drop, and traders on Hyperliquid were liquidated en masse. According to Hyperinsight’s monitoring data, there were 38 liquidation positions with single-loss amounts exceeding $1 million in this wave of market movement, covering mainstream coins like BTC and ETH, as well as various altcoins. The most tragic case was a trader’s BTC long position, which directly lost $25.83 million in one move. It seems that leverage trading indeed carries significant risks in such market conditions—large positions encountering a sudden market plunge can wipe out accounts within minutes.

BTC-2,1%

ETH-3,63%

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BlockDetective

· 14h ago

Wow, 25.83 million is gone just like that. How much pressure can one really handle? --- Leverage is just a gambler's game; when the market turns, it's a life-and-death situation. --- 38 margin calls of over a million, Hyperliquid is probably bleeding heavily today. --- BTC long position lost over 25 million? This guy is really hardcore, or maybe just really unlucky. --- Opening high leverage during a flash crash is playing with fire; having your account wiped out in minutes is no joke. --- This is why I absolutely refuse to use leverage. Sleeping peacefully is worth more than anything. --- Just looking at the data shows how many people are betting blindly on Hyperliquid. It's crazy. --- One wave of market movement, and others' accounts are wiped out. That's the charm of crypto, right? --- Leverage trading feels great for five minutes, but you'll regret it for a lifetime. The cost of recovery is too high.

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GateUser-0717ab66

· 15h ago

Playing with leverage is really like walking on a razor's edge; after one wave, you're back to square one.

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blocksnark

· 15h ago

25 million in a single loss, wow, this guy must have a really big heart.

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AlphaWhisperer

· 15h ago

25 million lost, this is the consequence of playing with leverage.

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CommunityLurker

· 15h ago

25 million directly gone, this is the true face of leverage.

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TokenEconomist

· 15h ago

actually, this is a textbook case of what happens when you don't properly account for liquidation risk in your position sizing model. the math is simple: if your leverage ratio times volatility exceeds your margin buffer, you're getting liquidated. ceteris paribus, these traders were operating way too close to the edge

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VirtualRichDream

· 15h ago

25.83 million is gone directly, this is the magic of leverage.

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