Ether Trader Suffers Major Losses in Hyperliquid Liquidation Amid Market Correction
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Aug 20 2025Market Volatility: A significant liquidation event occurred on the decentralized exchange Hyperliquid as Ether's price briefly approached $4,000, causing substantial losses for traders.
Trader Losses: A prominent Ether trader saw their investment drop from over $43 million to just $771,000 after a $6.22 million liquidation of their long position.
Whale Activity: Major holders reacted to the market downturn with panic selling, offloading a total of $147 million in Ether, while some took advantage of the dip by making strategic purchases.
Future Outlook: The crypto market is closely watching U.S. Federal Reserve Chair Jerome Powell's upcoming speech, which could influence investor sentiment and market dynamics.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
