Hyperliquid Whale: $15M Profit, Millions Lost

Hyperliquid Under Fire: How a Whale Trader Exploited the Platform for $15M Profit. A massive price manipulation of XPL futures contracts on Hyperliquid left traders reeling after a whale profited $15 million, triggering platform safety concerns. Critics question Hyperliquid's lack of safeguards against market manipulation compared to Binance and Bybit, sparking debate on balancing innovation with user protection in onchain perpetual futures markets. Was this a design flaw or an inherent risk of pre-launch markets? Hosted on Acast. See acast.com/privacy for more information.