u.today
According to data provided by Onchain Lens, trader @qwatio got liquidated on his 20x $XRP short position.
As reported by U.Today, the position with a notional value of $17.6 million was opened on Monday after taking a $3.4 million loss with his $XRP and Bitcoin positions.
According to CoinGecko, $XRP has reached an intraday high of $2.91, which was the trader's liquidation price.
After initially depositing $4.2 million to the HyperLiquid trading platform, the trader is left with only $653,000 following three consecutive days of unsuccessful trades.
$7.6 million worth of liquidations
CoinGlass data shows that roughly $7.6 million worth of $XRP has been liquidated over the past 24 hours, with long positions accounting for the lion's share of this sum (64%).
Hyperliquid makes up more than 50% of all liquidations, according to the most recent data.