BREAKING
A Hyperliquid trader operating under the wallet identity pension-usdt.eth (address: 0x0ddf9bae2af4b874b96d287a5ad42eb47138a902) was liquidated on August 20, 2026, with approximately $108.18M in $ETH short exposure closed out in the process.
The realized loss from the liquidation came in at $26.66M. Despite the single-event loss, the trader’s lifetime PnL across all activity remains positive at +$17.76M, indicating prior profitable trades that have now been partially erased.
Prior to the liquidation, the trader had been carrying a 50,000 $ETH short position valued at approximately $85M. The position was subsequently expanded — reaching ~$108.18M in exposure — before the forced close was triggered.
According to data flagged by onchainlens, the liquidation event reflects a scenario where a sustained upside move in $ETH caught the short seller on the wrong side of the market. The dominant position side at the time of liquidation was short, with no offsetting long exposure recorded.
Data for this event was sourced from OnChainLens and timestamped at 12:23 UTC on August 20, 2026.
Source: Onchainlens · Published by CoinsProbe Markets Desk
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