According to the chain analyst Ember monitoring, it took 7 hours of uninterrupted small slowly position squaring, Hyperliquid's liquidation address finally took over the 160,000 ETH long position (306 million US dollars) from the "50 times leverage whale on Hyperliquid". 1915 US dollars took over, the average price was 1895 US dollars, and the HLP vault finally lost 3.23 million US dollars to digest the 160,000 ETH long position.