Based on information offered by Onchain Lens, dealer @qwatio received liquidated on his 20x XRP quick place.
As reported by U.Right this moment, the place with a notional worth of $17.6 million was opened on Monday after taking a $3.4 million loss together with his XRP and Bitcoin positions.
Based on CoinGecko, XRP has reached an intraday excessive of $2.91, which was the dealer’s liquidation value.
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After initially depositing $4.2 million to the HyperLiquid buying and selling platform, the dealer is left with solely $653,000 following three consecutive days of unsuccessful trades.
$7.6 million value of liquidations
CoinGlass information reveals that roughly $7.6 million value of XRP has been liquidated over the previous 24 hours, with lengthy positions accounting for the lion’s share of this sum (64%).
Hyperliquid makes up greater than 50% of all liquidations, in accordance with the newest information.