The Mystery of Hyperliquid: How One Trader Brought Down HLP Vault and Deprived Investors of $4 Million

GateUser-d29924af · 2025-03-14T14:54:35+00:00

On March 12, 2025, Lookonchain experts detected a large liquidation of an Ethereum position worth over $306.8 million. Initially thought to be a trader's significant loss due to market instability, further analysis revealed market manipulation by the user, posing losses for the Hyperliquid project.

GateUser-d29924af

2025-03-14 14:54:35

Abstract generation in progress

On March 12, 2025, Lookonchain experts revealed a major liquidation of an Ethereum position worth more than $306.8 million (ранее Twitter).

However, in the course of further analysis, it turned out that the incident concealed the manipulation of trading instruments, and the user himself provoked losses for the Hyperliquid project

HYPE0,33%

ETH1,59%

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