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The $12M DeFi Gambit That Shook Hyperliquid —and What It Means for the Rest of Us

Summary by Platinum Crypto Academy
-> Let me tell you a story that, frankly, blew my mind. It’s about DeFi. It’s about power. And it’s about how one trader used pure strategy 4D chess to force one of the biggest perpetual protocols, Hyperliquid, into revealing just how centralized things really are beneath the surface. Now, I’ve been in the crypto trenches long enough to know that DeFi isn’t always as “decentralized” as we want to believe. But this move? It exposed everything—fro…
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The $12M DeFi Gambit That Shook Hyperliquid —and What It Means for the Rest of Us

-> Let me tell you a story that, frankly, blew my mind. It’s about DeFi. It’s about power. And it’s about how one trader used pure strategy 4D chess to force one of the biggest perpetual protocols, Hyperliquid, into revealing just how centralized things really are beneath the surface. Now, I’ve been in the crypto trenches long enough to know that DeFi isn’t always as “decentralized” as we want to believe. But this move? It exposed everything—fro…

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Platinum Crypto Academy broke the news in on Tuesday, April 1, 2025.
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