Hyperliquid Sees Massive $1.23 Billion Loss in Unprecedented
TLDR
- Over 1,000 wallets on Hyperliquid lost everything during the crypto sell-off.
- A global tariff announcement triggered a $19 billion crypto market crash.
- More than 6,300 wallets saw losses, with 205 suffering over $1 million each.
- Bitcoin and Ether prices dropped sharply as geopolitical risks intensified.
A major sell-off in the cryptocurrency market has led to the largest liquidation event in history, wiping out over $1.23 billion in capital on Hyperliquid alone. More than 6,300 wallets have been affected by this sudden market downturn, with significant losses for many traders. This event, driven by external economic factors, has left crypto markets in turmoil as investors face severe losses across multiple…
