Hyperliquid HIP-3 liquidated $7,756,800 across 5 accounts
Original headline하이퍼리퀴드 HIP-3 5계정서 775만6800달러 청산
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Hyperliquid's HIP-3 markets saw at least five large accounts liquidated for a combined $7.7568 million over the 24 hours to March 4, with realized losses on those positions totaling $2.4362 million, according to TradingBeats monitoring of accounts each exceeding $500,000 in liquidations. The forced closures spanned contracts tied to Intel ($INTC), the Nasdaq 100, LITE and Brent crude. Address 0x5b50, which held an Intel-linked long, was fully liquidated at an average execution price of $58.44, accounting for $2.9752 million of the total and $1.8242 million in losses. The event matters because it shows how quickly leveraged exposure to HIP-3's equity- and commodity-linked markets can unwind during sharp moves. Traders will be watching whether remaining large positions in these markets face further liquidations and how open interest and funding across HIP-3 contracts respond.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Hyperliquid (HYPE), HIP-3, Intel (INTC), Nasdaq 100, TradingBeats
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