CryptoMedium•7 November 2026•
1 min read
Hyperliquid Equity Contracts See $23.65M in Long Liquidations
Key Facts
1Hyperliquid equity contracts recorded long position losses totaling $23.65 million.
2At least 83 addresses closed 121 positions worth $1 million or more each.
3SanDisk contracts accounted for 35.6% of the total recorded losses.
Hyperliquid equity contracts recorded long position losses totaling $23.65 million, according to Tokenpost. At least 83 addresses closed 121 positions worth $1 million or more each, triggering a cascade of liquidations across equity-linked synthetic assets.
SanDisk contracts accounted for 35.6% of the total recorded losses on November 7, 2026. The liquidation event also impacted contracts tied to Meta, Micron, and Nebius, as well as S&P 500 and Nasdaq 100 indices, reflecting significant selling pressure on the decentralized exchange.