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#Hyperliquid @HyperliquidX 巨鲸为何自爆式平仓?数百万美元亏损谁在承担
The unlimited position and margin create a loophole for manipulation, and it's chilling to see it happen.
In the bleak market, the large-scale mergers and acquisitions of Liang Xi and the 'Hyperliquid 50x leverage trading whale' have become the focus of market attention. Many people see it as a short-term market indicator, while the Hyperliquid whale is considered as 'insider' funds due to its previous high-leverage trading and precise opening prices, attracting countless followers.
#参考阅读:《复盘 Hyperliquid 合约“内幕哥”骚操作,多空精准开平仓 #Crypto Market Rebounds
Today, the Hyperliquid 50x leverage trading whale started trading again, opening a long position worth approximately $300 million in #ETH with 50x leverage, with a maximum floating profit of $8 million. However, shortly afterwards, he chose to withdraw most of the principal and profits, proactively raising the liquidation price, resulting in the active 'liquidation' of his long position of 160,234.18 ETH, totaling $306 million.
The most classic question in the community is: "Why can it open such a large position? Who is doing the opposite side (who is losing money)?"
Next, Odaily Star Daily will explain Hyperliquid and HLP mechanisms briefly to answer this question
#February CPI Data Release