# Public Liquidations on Hyperliquid Turn Whale Positions Into a Tradable On-Chain Signal

Transparent leverage and visible address trails let traders watch large positions approach their liquidation points in real time, a structural property of fully on-chain perpetuals.

- Published: 2026-06-25T10:27:09.266Z
- Canonical: https://polylog.news/crypto/2026-06-25/public-liquidations-on-hyperliquid-turn-whale-positions-into
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CryptoSlate](https://cryptoslate.com/why-viral-public-whale-liquidations-are-becoming-a-real-trading-signal-on-hyperliquid/)

On the on-chain perpetual-futures venue Hyperliquid, large leveraged positions are now visible enough that traders treat their potential liquidation as a signal in itself, CryptoSlate reported. Because the exchange settles positions on a pu…

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