Drift was hacked or forced funds to flow through Jupiter, with a whale on a certain chain cutting losses of $1.22 million and closing JUP short positions.

MeNews · 2026-04-03T13:08:07+00:00

According to HyperInsight monitoring, the news of Drift being hacked has caused some funds to escape through Jupiter, leading to a short-term increase of 3.1% in JUP. At the same time, a whale on the Hyperliquid platform closed a large short position within half an hour, incurring a loss of approximately $33.7k.

MeNews

2026-04-03 13:08:07

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ME News message, on April 3 (UTC+8), according to HyperInsight monitoring, as the news that Drift was hacked continued to escalate, along with the fact that Jupiter’s official account previously stated that “the platform was not affected by this incident,” some funds may have routed through Jupiter to flee; a short-term increase in trading volume pushed JUP up by 3.1%, and the intraday high briefly broke above $0.16. During this period, on Hyperliquid, a whale starting with 0x8b0 fully stopped out and closed its JUP short positions within half an hour, recording a loss of approximately $337,000, with an average closing price of $0.1625. Previously, its position size had reached $1.22 million, making it the platform’s largest short whale. (Source: PANews)

JUP5,75%

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