A Hyperliquid trader known as pension-usdt.eth lost $24 million in 12 seconds when a 50,000 ETH short position was liquidated as ether surged, with five liquidation orders contributing to further price rises during the unwind.
CoinDesk08/20, 12:40 PM
- $49 million
- $24 million
- 50,000 ETH
- 12 seconds
Figures as quoted by CoinDesk
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