BTC and ETH's largest short seller, the "Short Arm of the Law," has been liquidated for $199 million, marking the largest liquidation in the entire network in the past 24 hours.
BlockBeats News, January 22, according to HyperInsight and Coinglass monitoring, the market experienced significant volatility last night and this morning. Influenced by BTC's 2.3% short-term rise and ETH's nearly 5% rise at 3 am today, the largest bear whale on Hyperliquid, the "Air Force Commander" (0xd83), suffered a large-scale liquidation amounting to $199 million. The largest single liquidation amount was $40.22 million, marking the largest single liquidation in nearly 24 hours across the network.
The address had significantly increased its short positions in ETH, XRP, and other coins yesterday, with a total position size approaching $500 million at one point. It had also become the largest short position holder on-chain for BTC, ETH, PEPE, XRP, and other coins. Due to its use of cross-margin sharing, the whale's actions significantly pushed down the liquidation prices of multiple coins. Around 3:30 am this morning, the address's positions in five coins suffered dozens of consecutive liquidations.
In the past few hours, the whale has once again opened short positions in multiple coins. The specific liquidation and holding information is as follows:
BTC Short: Liquidation amount of 400 coins, equivalent to about $36.04 million, current position size approximately $145 million, liquidation price $90,990;
ETH Short: Largest single liquidation of 13,288 coins, total of 40,640 coins, equivalent to about $123 million, current position size approximately $96.1 million, liquidation price $3,073;
PEPE Short: Liquidation amount of approximately $7.41 million; current position size approximately $13.3 million, liquidation price $0.00579;
XRP Short: Liquidation amount of 14.88 million coins, equivalent to about $29.07 million, fully liquidated;
HYPE Short: Liquidation amount of 185,700 coins, equivalent to about $4.01 million; current position size approximately $13.11 million, liquidation price $24.64;
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WEEX P2P update: Country/region restrictions for ad posting
To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.
I. Overview
When publishing P2P ads, advertisers can now set the following:
Allow only counterparties from selected countries or regions to trade with your ads.
With this feature, you can:
Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.
II. Applicable scenarios
The following are some common scenarios:
Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.
III. How to get started
On the ad posting page, find "Trading requirements":
Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.
When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:
If you encounter this issue when placing an order as a regular user, try the following solutions.
Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.
IV. Benefits
Compared with ads without country/region restrictions, this feature provides the following improvements.
Aspect
Improvement
Trading security
Reduces abnormal orders and fraud risk
Conversion efficiency
Matches ads with more relevant users
Order completion rate
Reduces failures caused by incompatible payment methods
V. FAQ
Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.
Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.
Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.
