😡 Lost $309 million among three!
The main loser of the day was a whale who was liquidated for 160,234 ETH ($306.85 million). He went long on ETH with 50x leverage at $1,900, but the price dropped to $1,805, and his position was forcibly closed. Now Hyperliquid is reducing leverage for BTC to 40x and for ETH to 25x to protect other traders from similar crashes.
📉 Two more 'losers' of the day:
🔹 One user lost $1.82 million by signing a phishing transaction.
🔹 Another exchanged 220,000 USDC for just 5,200 USDT through Uniswap V3. A liquidity error cost him -97.6% of his balance.
⚠️ Conclusion: always check liquidity and contracts before trades! There is no 'cancel button' on DEX, and the blockchain does not forgive mistakes 😟
$ETH
The main loser of the day was a whale who was liquidated for 160,234 ETH ($306.85 million). He went long on ETH with 50x leverage at $1,900, but the price dropped to $1,805, and his position was forcibly closed. Now Hyperliquid is reducing leverage for BTC to 40x and for ETH to 25x to protect other traders from similar crashes.
📉 Two more 'losers' of the day:
🔹 One user lost $1.82 million by signing a phishing transaction.
🔹 Another exchanged 220,000 USDC for just 5,200 USDT through Uniswap V3. A liquidity error cost him -97.6% of his balance.
⚠️ Conclusion: always check liquidity and contracts before trades! There is no 'cancel button' on DEX, and the blockchain does not forgive mistakes 😟
$ETH
