An ETH$3,952.13 trade on Hyperliquid turned out to be the biggest liquidation hit in the past 24 hours as crypto traders took on more than $1.19 billion in leveraged positions amid a market downturn. Longs made up nearly 90% of the overall wipeout, per CoinGlass, leaving over 260,000 traders losing money and exposing the market’s […]
Arthur Hayes, the BitMEX co-founder who now runs crypto venture fund Maelstrom, sold his personal stash of Hyperliquid’s HYPE tokens just weeks after predicting the asset could rally 126-fold. Ferrari jokes and blockchain receipts Blockchain analytics service Lookonchain reported on Sunday that Hayes unloaded 96,628 HYPE — worth about $5.1 million — booking a profit […]