According to Lookonchain, a sharp drop in MON triggered the full liquidation of address 0xccb56f9cba0138bb9cb8f6a6ad290a6ea9879b46 (trader 0xccb5) on Hyperliquid, closing a 244.38M MON long worth roughly $6.5M, realizing about $1.9M in losses and leaving the account balance at zero; source: Lookonchain; Hyperliquid trade history. This confirms a single-event removal of approximately $6.5M in MON long-side exposure via forced liquidation on Hyperliquid, a trading-relevant datapoint for assessing liquidity and risk in MON perpetuals; source: Lookonchain; Hyperliquid trade history.

According to @lookonchain, Machi Big Brother (@machibigbrother) was liquidated again on the Hyperliquid perpetuals exchange and is the most liquidated trader on the venue recently, source: Lookonchain on X Nov 19, 2025 x.com/lookonchain/status/1991174314721518044. The liquidation event is visible on Hyperliquid’s public trade history for address 0x020ca66c30bec2c4fe3861a94e4db4a498a35872, confirming repeated forced deleveraging of that account, source: Hyperliquid trade history app.hyperliquid.xyz/tradeHistory/0x020ca66c30bec2c4fe3861a94e4db4a498a35872. Traders active on Hyperliquid can verify the entries via the trade history to assess ongoing liquidation flow concentration before adjusting risk, source: Hyperliquid trade history app.hyperliquid.xyz/tradeHistory/0x020ca66c30bec2c4fe3861a94e4db4a498a35872 and Lookonchain alert x.com/lookonchain/status/1991174314721518044.