Hyperliquid XYZ100 Shorts Liquidate $9.4M as Whales Re-Enter Leveraged Bets

Nasdaq tracking contract XYZ100 on Hyperliquid triggers $9.4M in short liquidations. Two whales immediately re-establish high-leverage short positions worth $4.3M despite recent losses.

Woofun AI data shows that the XYZ100 Nasdaq tracking contract on Hyperliquid is trading at $29,733, representing a 3.2% increase from the previous day, with open interest standing at approximately $246 million. During this upward movement, the system force-liquidated 319.3 short positions across two whale accounts, generating $9.398 million in trading volume and resulting in total losses of roughly $221,000.

The address starting with 0x0d faced two liquidation events totaling approximately $4.741 million, while the address starting with 0x3bc saw $4.657 million in shorts cleared. Following these liquidations, both entities re-established high-leverage short positions. The 0x0d address opened 59 XYZ100 shorts with 25x leverage valued at $1.754 million, an entry price of $29,728.3, and a liquidation price of $30,421.6; The 0x3bc address initiated 84.4 XYZ100 shorts with 30x leverage valued at $2.511 million, an entry price of $29,584.4, and a liquidation price of $31,003. Historical data indicates the 0x0d address maintains a diversified bearish stance across US stock mappings, while the 0x3bc address holds significant short exposure to S&P 500 and tech targets alongside long crude oil positions.