Over $18 Million Silver Long Position Liquidated on Hyperliquid Amid $70M Market Wipeout

The assessment is 'likely_true' with high confidence based on strong, corroborating evidence from multiple credible sources that directly support both parts of the statement.The first part of the statement, regarding "More than $18 million in silver long positions were liquidated," is directly and precisely confirmed by two Bitget news sources. These sources explicitly state that a large silver long position on Hyperliquid was liquidated for $18.13 million, which satisfies the "more than $18 million" condition.The second part of the statement, contextualizing this as part of a "market event involving $70 million in total liquidations," is also strongly supported. Multiple high-authority financial news outlets, including Yahoo Finance and Decrypt, as well as the blockchain tracker Whale Alert, report a total liquidation figure of approximately $71 million for gold and silver perpetuals on the Hyperliquid platform during the same event. This figure aligns very closely with the $70 million mentioned in the statement, with the difference likely being due to rounding.While one Yahoo Finance article mentions a single silver liquidation of $47 million, this does not contradict the statement, as $47 million is also "more than $18 million." This discrepancy might indicate that multiple large liquidations occurred, or there was a reporting variance between sources. However, the existence of at least one major silver liquidation exceeding $18 million is consistently supported. The core claims of the statement are well-substantiated by the provided evidence.