Bitcoin24h $94,130.93-1.92%

Ethereum24h $3,057.15-4.37%

XRP24h $2.17-3.62%

BNB24h $914.55-2.42%

Solana24h $135.94-5.00%

TRON24h $0.2907-0.67%

Dogecoin24h $0.1558-4.81%

Cardano24h $0.4783-5.73%

Hyperliquid24h $37.86-2.39%

Zcash24h $718.34+10.86%

ZKasino exploiter saw $27M liquidated on Hyperliquid trade

According to X users, the wallet placed a 20x leverage trade on the price of ETH that would liquidate if it fell to $1,745. On Sunday, it did.

Hyperliquid has some growing to do before it can take on Binance

Marketers broadcasting metrics about Hyperliquid have used clever ways to manipulate the figures to make it seem like a Binance competitor.

Hyperliquid, a leveraged crypto exchange, has popularized copytrading and leaderboard-based trading contests to gain market share.

A bizarre and enthralling trade involving Binance and the JELLYJELLY memecoin could have liquidated Hyperliquid today.

Tether FUD, a trader on the Hyperliquid perpetual futures exchange trader, took on 40X leverage to bet that bitcoin’s price would crash.