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Hyperliquid Trader Suffers $24M Loss in 12‑Second Ether Liquidation

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TL;DR 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. Ma…

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Hyperliquid Trader Suffers $24M Loss in 12‑Second Ether Liquidation
Crypto Economy 2h ago

Hyperliquid Trader Suffers $24M Loss in 12‑Second Ether Liquidation

TL;DR 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. Ma…