🔥Fartcoin price crashed 50% due to failed $145 million manipulation bet
According to reports, Hyperliquid's automatic deleveraging mechanism was triggered due to the liquidation size being disproportionately large relative to the order book, forcibly closing profitable short positions on the other side of the trade to prevent the system from accumulating bad debts. #hype
🔥Fartcoin price crashed 50% due to failed $145 million manipulation bet
According to reports, Hyperliquid's automatic deleveraging mechanism was triggered due to the liquidation size being disproportionately large relative to the order book, forcibly closing profitable short positions on the other side of the trade to prevent the system from accumulating bad debts.
#hype