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Largest Single Liquidation in 24 Hours Occurs in Brent Crude Oil, $20 Million Liquidation for BRENTOIL Longs
On April 1, according to monitoring by Hyperinsight and Coinglass, the liquidation amount for Brent Crude Oil (BRENTOIL) ranked third among all contracts in the past 24 hours. An address holding BRENTOIL longs on the Hyperliquid platform triggered multiple large liquidations as oil prices fell, accumulating to over $20 million. The first liquidation occurred when the BRENTOIL price fell below $101, with a single liquidation amounting to $17.17 million; subsequently, as the price further dipped below $100, the address triggered another liquidation of $3.7 million. This series of liquidations made it the largest single liquidation across the network in nearly 24 hours.