$HYPE had its biggest long wipeout in at least a year: about $60.3M of longs liquidated on Hyperliquid in 24 hours, 99.7% of the total (Mlm via BlockBeats).
The 7-day chart: a slow grind from about $77 to $65.38 (-15.3%), then a step lower on Nov 14 once the $70 area gave way. Roughly $33M of the liquidations came in two hours from 20:00 UTC, so it was forced selling, not a slow bleed. The previous record day was Nov 21, 2025, at about $50.9M.
What would flip the view: if open interest rebuilds fast before price recovers the lost range, the same trap can repeat.
Washout or warning? Not financial advice.
#Hyperliquid #Liquidations
Disclosure: Write to Earn may pay me a commission on cashtag trades.
The 7-day chart: a slow grind from about $77 to $65.38 (-15.3%), then a step lower on Nov 14 once the $70 area gave way. Roughly $33M of the liquidations came in two hours from 20:00 UTC, so it was forced selling, not a slow bleed. The previous record day was Nov 21, 2025, at about $50.9M.
What would flip the view: if open interest rebuilds fast before price recovers the lost range, the same trap can repeat.
Washout or warning? Not financial advice.
#Hyperliquid #Liquidations
Disclosure: Write to Earn may pay me a commission on cashtag trades.
