Hyperinsight reported that a whale address (starting with 0xe1d3) holding a 4,500 ETH long position incurred a total loss of $4.91 million due to 6 consecutive forced liquidations. This was the largest liquidation recorded on-chain as of that day. The most recent forced liquidation was an Ethereum 25x long position, where 1,620 ETH were liquidated at $2,250, resulting in a $3.67 million loss. The address still holds a long position worth $9.55 million.
