$30.46 Million in Liquidations on Hyperliquid Over 24 Hours
Key Facts
Liquidations on the Hyperliquid platform totaled about $30.46 million over a rolling 24-hour period, according to a report published by Tokenpost. Long positions made up the largest share, indicating that bullish positions were most exposed to liquidation in the activity observed. Tokenpost said that "long positions accounted for most" of the total. At least 11 accounts recorded more than $1 million in liquidations each during the same window. This does not mean the total was distributed exclusively among those accounts; the report identifies the minimum number of accounts that exceeded that threshold.
Liquidations of long positions totaled $25.82 million, equal to 84.76% of the total, compared with $4.64 million for short positions, according to Tokenpost figures. The distribution highlights the difference between the two sides of the market during the period covered by the report, with liquidations of long positions worth more than five times those of short positions. The source said long positions "contributed $25.82 million, or 84.76% of the total," while short-position liquidations amounted to $4.64 million. Liquidations resulted in realized losses of about $2.14 million. Those losses are a separate figure the report cited alongside the value of liquidations and their distribution between long and short positions.
The largest liquidation total for a single account was linked to Bitcoin and Ether positions in account 0x4b62, amounting to about $11.49 million, the report said. That figure was above the threshold recorded by accounts that exceeded $1 million, putting it at the top of the individual cases cited. The activity also included two long positions in Solana, with a combined liquidation value of $2.47 million. The report also cited the liquidation of a long position in Near linked to account 0x2814 in two rounds, after the position was reopened. The two rounds totaled $3.77 million in liquidations, while the associated losses reached about $220,300.
Activity also extended to crude oil and U.S. stock contracts, alongside cryptocurrency contracts, according to Tokenpost. A long position in West Texas Intermediate crude was partially liquidated three times, for a total of $1.49 million. The case shows that the figures cited were not limited to digital-asset positions, as commodity- and stock-linked contracts were also included. A filing with the U.S. Securities and Exchange Commission had noted that the HIP-3 framework expanded Hyperliquid perpetual contracts to include stocks, commodities, indices and other real-world assets. This provides context for the range of contracts whose activity may appear in the platform's data.
The figures come amid a market in which Bitcoin's price declined in October; the Associated Press said in a report published on October 30 that the price fell below $77,000 after topping $86,000 earlier in the month. This reflects broader price movement over the month, without Tokenpost's report identifying the cause of the liquidations or directly linking them to the price change. In terms of platform activity, a filing with the U.S. Securities and Exchange Commission said Hyperliquid accounted for about 40.1% of onchain perpetual-contract trading volume over the 24 hours through August 23, 2026, and 62.5% of open interest in those contracts on that date. The filing also said cumulative perpetual-contract trading volume on the platform had exceeded $5.4 trillion since its launch. These figures place the reported liquidations within a market for perpetual contracts that sees broad activity on the platform.
In a separate disclosure, Hyperliquid Strategies said the platform's share of global perpetual-contract volume, including centralized exchanges, reached a record of about 9.4% on June 30, 2026. The same disclosure said total open interest on the platform reached a record of about $13 billion on August 23, 2026. These data offer a picture of the platform's standing in perpetual contracts before the liquidation figures tracked by Tokenpost, with the disclosures differing in measurement dates and indicators. The report at the center of this article focuses on liquidations over a rolling 24-hour window and their distribution across the long and short positions, accounts and assets mentioned. The report did not cite a later date or an upcoming event connected to these liquidations.