Hyperliquid Address 0xa8e Faces $14.14M BTC Short Liquidation, $17.63M in One Hour

Address 0xa8e on Hyperliquid suffered a $14.14M BTC short liquidation on Dec. 26 following a 3% BTC price spike, HyperInsight and Coinglass data show. Two 40x leveraged liquidations totaled $17.63M over the past hour. The address subsequently opened a new 40x short position worth approximately $7.10M at $89,040, with a liquidation level set at $89,820.