Crypto Investor Loses $20 Million After Closing Long Position on Hyperliquid
A user of Hyperliquid closed a long position on HYPE worth $16 million and sold 100,000 coins for $4.4 million. Analysts at MLM suggested he may have been hacked.
This wallet closed a $16M HYPE long and sold 100K HYPE ($4.4M) about 11 hours ago:
https://t.co/ySlqJIRzQcThe reason seems to be that his private key was compromised — resulting in a total wipeout: roughly $17M lost from his Hyperliquid account and another $3.1M that was…
— MLM (@mlmabc) October 9, 2025
The cause might have been the compromise…
