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In the Hynix memory pin incident, the three-address entity profited $6.96M by opening a flat position at the low point through ADL.
PANews July 28 news: According to on-chain analyst Ai Yi monitoring, during this morning’s Hailisi pin insertion mishap liquidation event, Hyperliquid’s three major addresses were liquidated for $4.7263 million, and three other addresses profited $6.96M by going short at the low point via ADL.
All three addresses triggered ADL at 07:01. After the flash drop, the price quickly corrected, and they were forced to close at the low point to realize profits.