One wallet walked away with $1.28 million in 6 minutes.
Papertrade, a new exchange offering 1,000x leverage, launched Saturday: someone opened a large position, then dumped several thousand ETH on Hyperliquid, pushing the price up 0.1%, and closed out for a profit.
The price move was backed by real money: legitimate arbitrage, or market manipulation—and should the money be returned?
Papertrade, a new exchange offering 1,000x leverage, launched Saturday: someone opened a large position, then dumped several thousand ETH on Hyperliquid, pushing the price up 0.1%, and closed out for a profit.
The price move was backed by real money: legitimate arbitrage, or market manipulation—and should the money be returned?