According to @lookonchain, Machi deposited 249,950 USDC to continue long exposure in $ETH and $HYPE. The address now holds 1,000 ETH (about $2.13M) and 26,000 HYPE (about $904K) with liquidation prices at $1,933.21 for ETH and $26.93 for HYPE. Source: @lookonchain; Hyperdash. @lookonchain also reports the trader has been liquidated 262 times, underscoring persistent high leverage risk. Source: @lookonchain. For traders, these liquidation thresholds mark key risk levels where forced unwinds would occur if reached. Source: @lookonchain.

According to @BullTheoryio, Bitcoin BTC plunged about $1,900 in roughly 25 minutes, liquidating around $70 million in longs, then rebounded about $1,200 in roughly 10 minutes, liquidating about $15 million in shorts, with no major news catalyst identified. According to @BullTheoryio, this two-sided liquidation sequence signals heightened short-term volatility and liquidity grabs that can punish high leverage futures positions and increase slippage near recent swing levels. Based on @BullTheoryio’s data, traders may consider tighter risk controls, reduced leverage, and patience around key liquidity zones until volatility normalizes.

According to @EmberCN, multiple leveraged Ethereum (ETH) whale or institutional borrowers are being stopped out at the current price zone. According to @EmberCN, one identified address cluster executed stop-loss exits totaling about 36.9K ETH on Hyperliquid over four days and withdrew roughly 82.36M USDC to repay debt. The source adds that the deleveraging is ongoing, with about 56K ETH still being reduced, according to @EmberCN.

According to @OnchainLens, the whale wallet 0x9ee has reopened a 15x ETH long after being fully liquidated, with the new leveraged position visible via on-chain trackers at hyperbot.network/trader/0x9eec98d048d06d9cd75318fffa3f3960e081daab and detailed in the X post https://x.com/OnchainLens/status/2018975761311633429. According to @OnchainLens, the address was previously liquidated on ETH and XRP longs with cumulative realized losses of about 61.38M and now shows an overall drawdown of roughly 10.76M, corroborated by app.coinmarketman.com/hypertracker/wallet/0x9eec98d048d06d9cd75318fffa3f3960e081daab and the X post https://x.com/OnchainLens/status/2017603405372658167.

According to @santimentfeed, Bitcoin (BTC) dropped to $72.8K before bouncing as clarity from a passed bill prevented a U.S. government shutdown. According to @santimentfeed, DeFi liquidations totaled about $30M during the move, underscoring elevated crypto volatility. According to @santimentfeed, their latest insight analyzes the volatility drivers and what traders should watch next.

According to Lookonchain, Machi Big Brother was liquidated another 10 times, with the 250K USDC he deposited one day earlier now down to 57.7K USDC (source: Lookonchain). According to Lookonchain, the pattern is deposit funds, double down on longs, get liquidated, repeat, highlighting persistent overleverage risk (source: Lookonchain). According to Lookonchain, this sequence underscores how averaging into leveraged longs can rapidly erode capital when positions are repeatedly liquidated (source: Lookonchain).

According to @BullTheoryio, Bitcoin dropped by about $1,700 right after the U.S. market open, with more than $55 million in long positions liquidated over the last two hours and roughly $50 billion erased from crypto market capitalization in the same move. According to @BullTheoryio, the selloff arrived despite positive developments tied to the U.S. government shutdown. According to @BullTheoryio, the reported long liquidations indicate a leverage flush and heightened intraday volatility into the U.S. session; based on this source data, traders may consider reducing leverage, tightening stops, and waiting for confirmation before reentry.

According to @lookonchain, trader Machi (@machibigbrother) was partially liquidated again, bringing his total liquidations to 252, reinforcing his King of Liquidations reputation (source: @lookonchain on X). According to @lookonchain, after a near wipeout he reloaded about 250K USDC and resumed max leverage long positions in ETH and HYPE (source: @lookonchain on X). According to @lookonchain, these max leverage longs concentrate risk and heighten sensitivity to volatility and potential liquidation cascades in ETH and HYPE exposure (source: @lookonchain on X). According to @lookonchain, the trading activity can be tracked via legacy.hyperdash.com/trader/0x020cA66C30beC2c4Fe3861a94E4DB4A498A35872 for ongoing position and liquidation signals (source: @lookonchain on X).

According to @BullTheoryio, after the US futures open, Bitcoin BTC fell about $1,550 in 12 minutes and then rebounded roughly $1,910 within 26 minutes. Source: @BullTheoryio. Nearly $100 million in long positions were liquidated over the last hour, highlighting acute intraday volatility and elevated risk for leveraged traders. Source: @BullTheoryio.

According to @BullTheoryio, the week unfolded as a sequential risk-off breakdown: small caps led with a sharp Russell 2000 decline after fresh highs, DXY hit a multi-year low after comments suggesting a weaker dollar was not a concern and yen intervention rumors, the S&P 500 and then Nasdaq sold off after U.S. officials denied intervention plans, gold and silver crashed on liquidations and margin pressure, and finally BTC and ETH fell as high leverage amplified crypto selling, forming a chain reaction from small caps to dollar to equities to metals to crypto (source: @BullTheoryio). According to @BullTheoryio, traders should treat small-cap weakness and DXY behavior as early cross-asset signals, anticipate spillovers into tech and metals during risk-off, and manage leverage to mitigate crypto liquidations during high-volatility cascades (source: @BullTheoryio).

According to @EmberCN, the two largest ETH long positions on Hyperliquid have been liquidated and Trend Research has begun stop-loss reductions, source: @EmberCN. According to @EmberCN, a whale with roughly $181 million in ETH longs was fully liquidated with about $54 million in total losses, source: @EmberCN. According to @EmberCN, another whale with roughly $660 million in ETH longs was fully liquidated with about $230 million in total losses, source: @EmberCN. According to @EmberCN, the author questioned whether the short-term move may be near exhaustion, source: @EmberCN.

According to @lookonchain, the trader known as BitcoinOG (1011short) was fully liquidated with total forced liquidations reaching $522M. According to @lookonchain, the account swung from over $142M profit to a $128.87M loss and now shows a zero balance. According to @lookonchain, the data source referenced is the Hyperdash trader page at legacy.hyperdash.com/trader/0xb317d2bc2d3d2df5fa441b5bae0ab9d8b07283ae.

According to @EmberCN, a whale’s roughly 230 million USDC long on Hyperliquid held for nearly two months was fully liquidated when ETH dropped to about 2.2k at 02:43, wiping the position’s margin (source: @EmberCN). The trader had transferred around 230 million USDC into Hyperliquid in early December to open the long, and the liquidation consumed the entire amount (source: @EmberCN). Despite this loss, the entity still holds assets valued around 4.8 billion, including approximately 901,000 ETH and 33,000 BTC (source: @EmberCN). For traders, this confirms that a widely watched whale liquidation level on ETH perpetual futures was reached on Hyperliquid, marking a key deleveraging event on the long side (source: @EmberCN).

According to @BullTheoryio, Bitcoin dropped about $2,800 in roughly 10 minutes, triggering approximately $1.07 billion in long liquidations across derivatives. According to @BullTheoryio, around $696 million of those long liquidations occurred on the perp DEX Hyperliquid, indicating heavy leveraged exposure concentrated in BTC perpetuals.

According to @BullTheoryio, roughly $500 billion in crypto value was erased and about $5 billion in leveraged positions were liquidated over the last three days. According to @BullTheoryio, Bitcoin BTC fell about 13% with roughly $265 billion in market cap wiped out, while Ethereum ETH declined about 25%.

According to @BullTheoryio, Bitcoin fell by about 5,000 over four hours to a nine-month low near 78k, with nearly 1 billion in long positions liquidated and roughly 160 billion erased from total crypto capitalization, characterizing the move as a free fall (source: @BullTheoryio).

According to @KobeissiLetter, Bitcoin fell below $79,000 and Ethereum dropped under $2,400 as approximately $1.4 billion in leveraged long positions were liquidated. According to @KobeissiLetter, over $100 billion in crypto market capitalization was erased within five hours during the move.

According to @BullTheoryio, Bitcoin (BTC) dropped $2,200 in 45 minutes to a new yearly low around $80.8k, with approximately $381 million in long positions liquidated and over $70 billion in crypto value erased within an hour, with no apparent news catalyst and characterized as liquidation hunting on a low-liquidity weekend (source: @BullTheoryio).

According to @OnchainLens, trader Machi (@machibigbrother) was fully liquidated again on his $ETH and $HYPE long positions, pushing cumulative losses above $26M, source: Onchain Lens. According to @OnchainLens, he has already opened a new 25x $ETH long, indicating extremely high leverage exposure and ongoing liquidation risk, source: Onchain Lens. Onchain Lens cites hyperbot.network trade data, and this re-leveraging pattern can heighten volatility in ETH perpetuals, so traders should manage risk and monitor open interest, funding, and liquidation clusters, source: Onchain Lens and hyperbot.network.

According to @lookonchain, as the market slid, the trader known as BitcoinOG (1011short) cut part of his ETH long exposure to stop losses, moving from more than 142 million USD in unrealized profit to over 67 million USD in unrealized loss (source: @lookonchain). According to @lookonchain, he still holds 188,086 ETH in long positions valued around 472 million USD, with a stated liquidation price of 2,261 USD (source: @lookonchain).