Whale "Air Force Commander" faces $199 million massive liquidation, with the largest single liquidation of $40.22 million

【Blockchain Rhythm】At around 3 a.m. on January 22, Hyperliquid Exchange experienced a severe market fluctuation. BTC temporarily rose by 2.3%, and ETH increased by nearly 5%, triggering a series of chain reactions.

The biggest victim of this shockwave was the well-known multi-asset short whale on the chain—address 0xd83. This trader, dubbed the “Air Force Commander,” had just significantly rolled over and increased short positions in multiple tokens including ETH and XRP yesterday, with total holdings approaching $500 million, making it the largest short position in BTC, ETH, PEPE, XRP, and other tokens.

Around 3:30 a.m., a nightmare unfolded. The positions of this address across five tokens were liquidated in just a few dozen minutes, with total liquidations reaching $199 million. The largest single liquidation was $40.22 million, setting a nearly 24-hour record for the largest single liquidation on the entire network.

Specifically—BTC short positions were liquidated for 400 BTC (about $36.04 million), leaving a remaining position of $14.5 million; ETH’s largest single liquidation was 13,288 ETH, totaling 40,640 ETH liquidated (about $123 million), with a current remaining position of $9.61 million; PEPE short liquidation was approximately $7.41 million; XRP was completely wiped out, with 1,488,000 XRP liquidated (about $29.07 million); HYPE short liquidation was 185,700 tokens (about $4.01 million), with a current remaining position of $13.11 million.

Interestingly, after this bloodbath, the whale has already started to buy back, rebuilding multi-asset short positions, seemingly continuing to bet on a market decline.