A certain whale's position was affected by the BTC decline, impacting the S&P 500 holdings. A single individual experienced over ten million in liquidations on the entire network within nearly an hour.

MarsBitNews

2026-03-26 10:42:00

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Mars Finance News: On March 26, according to Hyperinsight monitoring, nearly $11.7 million was liquidated across the entire network of S&P 500 (Standard & Poor’s 500 mapped contracts) within one hour. This is the second-largest liquidation after BTC and ETH, ranking third overall. Almost all of this liquidation came from the same address on Hyperliquid, a whale starting with 0x965. It is reported that the trigger for this liquidation was not a sharp decline in the S&P 500 itself, but a brief drop in BTC that affected account margins, causing the long positions on the S&P 500 held by this address to come under pressure. In total, 1,779.8 long contracts were liquidated, approximately $11.63 million, resulting in a loss of about $195,000.

BTC-2,96%

ETH-4,66%

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