时间：2026-04-04 04:50:32 来源：Summit Quant

Crypto's biggest liquidation event this week wasn't about crypto.\n\nTokenized Brent oil futures on professional crypto order management system with cloud deploymentHyperliquid accounted for $46.6 million of the $403 million in total liquidations over the past 24 hours, according to CoinGlass data, making oil the third-largest liquidated asset behind ether at $104.5 million and bitcoin at $98.3 million. Solana came in fourth at roughly $24.7 million.\n\nThe single largest liquidation across all assets was a $17.17 million Brent oil position on Hyperliquid, not a bitcoin or ether trade. That is the second time in under 30 days that oil has produced the largest individual liquidation on a crypto venue.\n\nThe BRENTOIL-USDC contract on Hyperliquid traded at $107.19, up roughly 2% on the day, with $977 million in 24-hour volume and $515 million in open interest. For context, that open interest figure is larger than many mid-cap crypto tokens' entire market capitalization.\n\nThe liquidations were triggered by Trump's national address, which promised to hit Iran "extremely hard" rather than offering the de-escalation that had fueled a two-day rally. Brent crude jumped 5% to above $106 on traditional markets.\n\nTraders who had positioned for a ceasefire, particularly those long crypto and short oil, got hit from both sides.\n\nOf the $403 million in total liquidations across 137,031 traders, longs took the heavier hit at $234.6 million versus $168.7 million in shorts. That ratio reflects the broad selloff in risk assets after the speech reversed Tuesday's optimism. The 4-hour window around the address saw $153.7 million liquidated, with $130.8 million from longs.\n\nHyperliquid's tokenized commodity contracts, which give traders 24/7 access to oil, gold, and other macro assets with crypto-native leverage, are absorbing an outsized share of geopolitical volatility.\n\nTokenized oil has now been among the top five liquidated assets on at least three separate occasions since the war began, a dynamic that did not exist before Hyperliquid listed the contracts.

上一篇：Bitcoin, ether, solana slide further as Trump threatens to hit Iran 'extremely hard'
下一篇：Crypto rebounds as oil dips on Trump comments, but derivatives signal weak conviction

• ·The Protocol: Quantum computing could break Bitcoin sooner, says Google
• ·Advanced insights into Quantitative Trading 543
• ·How Multi Exchange Trading supports smarter execution 286
• ·How Futures Trading improves daily trading workflows
• ·Franklin Templeton launches crypto division with 250 Digital acquisition
• ·How Quantitative Trading supports smarter execution 983
• ·What traders should know about Trading Dashboard 528
• ·What makes a strong solution for Execution Speed 398
• ·Franklin Templeton launches crypto division with 250 Digital acquisition
• ·How to evaluate a platform for Order Management 637
• ·Why more users are adopting Trading Dashboard 308
• ·Common mistakes to avoid with Automated Crypto Trading 521
• ·Franklin Templeton launches crypto division with 250 Digital acquisition
• ·How Market Analysis improves daily trading workflows 173
• ·How Execution Speed supports smarter execution 938
• ·Common mistakes to avoid with Futures Trading 910