Data: The largest short sellers of BTC and ETH, known as the "Commander-in-Chief of the Bears," have been liquidated for $199 million, making it the largest liquidation address on the entire network in the past 24 hours

According to monitoring by HyperInsight and Coinglass, the market is experiencing significant volatility. Influenced by a sudden increase of 2.3% in BTC and nearly 5% in ETH at 3 AM today, multiple cryptocurrencies on Hyperliquid faced large-scale liquidations, with the largest short whale "Air Force Commander" (0xd83) encountering a total liquidation amount of $199 million. The largest single liquidation was $40.22 million, marking the largest single liquidation in nearly 24 hours across the network.

This address had significantly rolled over short positions in ETH, XRP, and several other cryptocurrencies yesterday, with total holdings nearing $500 million at one point, and simultaneously became the largest short in multiple cryptocurrencies including BTC, ETH, PEPE, and XRP on-chain. Due to its use of a full-margin shared collateral model, related operations significantly lowered the liquidation prices of multiple cryptocurrencies. Around 3:30 AM this morning, the address faced dozens of liquidations across five cryptocurrency positions. In the past few hours, this whale has once again replenished its short positions in multiple cryptocurrencies. The specific liquidation and holding information is as follows:

• BTC short: Liquidation amount reached 400 coins, approximately $36.04 million, current holding size about $145 million, liquidation price $90,990;

• ETH short: Largest single liquidation of 13,288 coins, totaling 40,640 coins, approximately $123 million, current holding size about $96.1 million, liquidation price $3,073;

• PEPE short: Liquidation amount approximately $7.41 million; current holding size about $13.3 million, liquidation price $0.00579;

• XRP short: Liquidation amount reached 14.88 million coins, approximately $29.07 million, fully liquidated;

• HYPE short: Liquidation amount reached 185,700 coins, approximately $4.01 million; current holding size about $13.11 million, liquidation price $24.64;