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Hyperliquid’s HLP vault keeps losing liquidity after risky whale’s Ethereum (ETH) trades

Hyperliquid’s HLP vault keeps losing liquidity after risky whale’s Ethereum (ETH) trades

Hyperliquid absorbed over $4M in losses after an aggressive trader closed a 160,000 ETH long position.
Mar, 12, 2025
4 min read
by CryptoPolitan