According to Lookonchain, a trader deposited $5.08M into Hyperliquid and used maximum leverage (25x) to short ETH, losing $4.77M in under 8 hours and leaving just $310K remaining (source: Lookonchain Twitter, May 9, 2025). This high-profile liquidation highlights the extreme risks of leveraged ETH shorting during volatile markets. Such large-scale liquidations can lead to rapid price swings and increased volatility, impacting both ETH spot and derivatives trading strategies.

According to Lookonchain, a major trader has deposited additional USDC into Hyperliquid and continued to short ETH using 25x leverage, accumulating a current loss exceeding $2.6 million. The position's liquidation price is set at $2,343.4. This high-risk trading activity indicates increased volatility and potential for sudden liquidation events that could impact ETH price movements on centralized and decentralized exchanges. Traders should closely monitor ETH price levels and order book depth, as large liquidations at the noted threshold could trigger cascading effects across the crypto market. (Source: Lookonchain, x.com/lookonchain/status/1920742501620613354)

According to Crypto Rover on Twitter, a trader has opened a 25x leveraged short position worth $3.36 million on Ethereum (ETH). This significant bearish bet increases the risk of a short squeeze if ETH price moves upward, potentially leading to rapid liquidations and heightened volatility in the crypto market. Traders should closely watch ETH's price action, as large leveraged positions can trigger cascading liquidations and impact overall market sentiment (source: Crypto Rover, Twitter, May 9, 2025).

According to Crypto Rover, a major Bitcoin whale suffered a $1.6 million loss after shorting BTC, highlighting the risks associated with bearish positions in highly volatile crypto markets (source: Crypto Rover on Twitter, May 8, 2025). This large liquidation event underscores the importance of risk management for traders, as aggressive shorting can lead to significant losses during sudden price surges. The incident is driving renewed bullish sentiment, with traders urged to closely monitor liquidation levels and market momentum for potential upward moves in Bitcoin.

According to The Data Nerd, a whale identified as 7X6Vu sold 427,600 $TRUMP tokens for $4.9 million, realizing a net loss of $760,000. The tokens were purchased the previous week at an average entry price of $13.47. This significant liquidation event highlights bearish sentiment and potential price pressure for $TRUMP, serving as a cautionary signal for traders monitoring large wallet activity and liquidity trends (source: The Data Nerd on Twitter).

According to AltcoinGordon, a staggering $245.64 million was liquidated in the cryptocurrency market over the last 24 hours. This significant event highlights the risks associated with leveraged trading, prompting traders to consider focusing on compounding returns in promising projects without leverage. AltcoinGordon emphasizes that being strategic in selecting projects can yield substantial returns even without leveraging positions.

According to Miles Deutscher, $1.5 billion has been liquidated from crypto markets in the last 24 hours, marking a significant sell-off event. This follows a previous large-scale liquidation earlier this month, indicating heightened market volatility. Such liquidations can affect market liquidity and price stability, making it crucial for traders to monitor market conditions closely.