Bitcoin24h $59,968.55+0.12%

Ethereum24h $1,579.66+0.81%

BNB24h $551.81-0.63%

XRP24h $1.05-0.08%

Solana24h $72.05+2.32%

TRON24h $0.3221+0.05%

Hyperliquid24h $62.82+1.48%

Dogecoin24h $0.0729-1.18%

UNUS SED LEO24h $9.41-0.04%

Zcash24h $381.45-3.38%

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.