Hyperliquid Trader Suffers $24M Loss in 12‑Second Ether Liquidation
Market / Price
Massive Loss: The Hyperliquid Trader lost nearly $24 million as a long‑held ether short was liquidated in 12 seconds. Rapid Liquidation: Forced sales across five chunks pushed ether higher, worsening losses and emptying the wallet. Market Surge: A broader crypto rally triggered $2.74 billion in short liquidations, including a $48.8 million Bitcoin wipeout.
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