Ethereum News: Hyperliquid Ends Up Losing $4M After $200M ETH Trade Unwinds

Ethereum News: Hyperliquid Ends Up Losing $4M After $200M ETH Trade Unwinds

The liquidation of an over $200 million long trade on ether (ETH) lead to a $4 million loss for Hyperliquid, where the "whale" placed the bet.The liquidation saw wallet ‘0xf3f4’ opening a highly leveraged 50x long ETH position, depositing $4.3 million USDC as margin for a total size of 113,000 ETH.The wallet then started withdrawing funds, reducing the margin below maintenance requirements in a move that resulted in a $1.8 million profit for the…

Hyperliquid’s $4M culprit bags $177K in fresh gains – Details

Less than 24 hours after triggering a $4 million loss in Hyperliquid’s HLP Vault, the same whale trader reappeared If whales can manipulate liquidation engines, smaller traders may feel at a disadvantage. The whale trader responsible for Hyperliquid’s $4 million vault loss yesterday is back in action, executing another round of high-leverage trades across multiple platforms. This time, the trader deposited $4.08 million USDC into GMX. He initial…

Analyst Sees Hyperliquid’s $4M Loss as a Growth Opportunity for DeFi - WorldNL Magazine

Following yesterday’s whale liquidation event on Hyperliquid, which saw the decentralized exchange (DEX) lose $4 million, some analysts are characterizing it as a necessary stress test that could ultimately strengthen decentralized finance (DeFi) protocols. Others have even suggested that the incident could benefit Hyperliquid’s native HYPE token in the long run. Lessons Learned The loss occurred when a trader, identified by the wallet address 0…

Hyperliquid ups margin requirements after $4 million liquidation loss

Hyperliquid is upping margin requirements after a massive liquidation cost its liquidity pool $4 million.

How long does it take to earn $1.8 million without taking risks? About 1 hour. This is the feat that a mysterious merchant achieved on Tuesday, March 11. For this reason, nothing could be simpler: it needs $15 million in contribution and advanced knowledge of the Defi platforms. We explain to you. Hyperliquid [...] The entry How did you lose the Dex $4 million hyperliquid due to a trader? was first published in La Cryptocurrency.

Hyperliquid Hit by $4M Trade, Bybit CEO Calls for Limits

A crypto trader used 50x leverage on Hyperliquid, making $1.8 million while leaving the DEX with a $4 million loss.