The largest single liquidation across the entire network amounted to $13.8 million, and it belonged to a certain whale that had previously been liquidated during a short squeeze.

BlockBeats News, February 12th, according to Coinbob Popular Address Monitoring and CoinGlass data, influenced by this morning's BTC price fluctuations, the total amount of liquidation across the entire BTC network in the past 24 hours was approximately $196 million, triggering a long and short double liquidation. Among them, a whale address starting with 0x5dc2 on the Hyperliquid platform was liquidated in a single transaction of $11.86 million, becoming the largest single liquidation in this round.

Monitoring shows that the whale's BTC short position has been liquidated twice, totaling about 219 BTC with a total value of approximately $13.82 million. This address had previously been liquidated and exited the market on February 9th due to a $14.49 million liquidation, and this is the second liquidation after re-entering the market.

Afterwards, the whale did not stop there. As of the time of writing, it has reopened a 40x leveraged BTC short position, with a position size of approximately $14.55 million, an entry price of $67,860, and a liquidation price of $68,690.