The largest single liquidation across the entire network in the past 24 hours occurred in Brent crude oil, with a BrentOIL long position suffering liquidation of over $6 million.

CoinFeed reported on March 11 that, according to HyperInsight monitoring, the largest single liquidation on the entire network in the past 24 hours occurred on the Hyperliquid platform, with Brent crude oil as the underlying asset. An address holding a long position experienced multiple large liquidations during the oil price decline, totaling over $6 million. The first liquidation occurred after the Brent oil price fell below $89, amounting to $3.32 million; subsequently, as the price further declined below $87, the address triggered another liquidation, this time for $3.13 million. This series of liquidations made it the largest single liquidation event on the entire network in the past 24 hours.