Hyperliquid recorded roughly $26 million in long liquidations across several markets in the window following President Donald Trump’s Iran-related announcement on May 10, 2026. Related market coverage placed the post-announcement move at May 10, 2026, 11:02 p.m. Pacific Time, or May 11, 2026, 06:02 UTC. According to the @hyperdashtrades post, the liquidation wave was concentrated in BTC, SOL and ZEC, with about $8.9 million in BTC longs, $5.3 million in SOL longs and $3.8 million in ZEC longs.
Hyperliquid longs take the brunt of the move
The @hyperdashtrades data confirms a long-side liquidation cluster on Hyperliquid, with the largest forced closures concentrated in Bitcoin, Solana and Zcash. Hyperdash’s public dashboard and CoinGlass’s Hyperliquid liquidation map provide visible reference points for tracking similar liquidation activity, while the cited X post remains the source for the specific $26 million figure and asset breakdown.
UPDATE: Following Trump’s announcement, long liquidations on Hyperliquid accelerated sharply within minutes with the largest liquidation clusters concentrated in $BTC, $SOL and $ZEC
BTC recorded $8.9M in long liquidations, followed by SOL at $5.3M and ZEC at $3.8M
Across all… https://t.co/UwhbxemJGz pic.twitter.com/OaCbccmHO2
— Hyperliquid Traders (@hyperdashtrades) May 13, 2026
Liquidations happen when leveraged trades move against users and margin falls below maintenance requirements. Hyperliquid’s own documentation explains that liquidation orders can be sent to the order book, partially closed for larger positions, or handled through a backstop liquidation process in more severe cases. The key confirmed takeaway is that bullish leveraged positions were forcibly closed during the move.
Trump’s Iran post is context, not sole proven cause
The Trump-related announcement was his rejection of Iran’s latest response to a U.S. peace proposal. Reuters reported that Trump called the response “TOTALLY UNACCEPTABLE,” while market reports said Bitcoin fell sharply in the minutes after the post. That timing supports describing the liquidation wave as a post-announcement event, but it does not prove Trump’s statement was the only cause.
The broader causal language should therefore stay measured: the liquidation wave followed the Trump-Iran headline and coincided with rapid risk-off price action, but the available material confirms only the liquidation totals, the asset split and the timing relationship. The earlier reference to “separate coverage” has been removed because it did not cite a specific article, dashboard or post that directly strengthens the Hyperliquid liquidation claim.