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HYPERLIQUID LIQUIDATION SYSTEM EXPLOITED

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#HYPE is facing price declines following rumours of a malicious actor siphoning funds from the pool and taking advantage of the liquidation process.

While decentralised finance offers incredible opportunities, the actions of a single individual can lead to significant losses as investors pull their capital.

Let's hope Hyperliquid can enhance their security measures to prevent such incidents in the future.
Nota
Hyperliquid:
"To be clear: There was no protocol exploit or hack....
HLP all time PNL at ~ $60M. HLP is not a risk free strategy.
...
Max leverage will be updated for BTC and ETH to 40X and 25X, respectively to increase maintenance margin requirements for larger positions. This will provide a better buffer for backstop liquidations of larger positions."
Dagangan ditutup: sasaran tercapai
Swept the lows
nice recovery on #HYPE

Penafian

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