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HYPE Token Drops as Whale Liquidation Triggers $4M HLP Vault Loss

TheNewsCrypto LogoTheNewsCrypto15h ago

HYPE Token Drops as Whale Liquidation Triggers $4M HLP Vault Loss - TheNewsCrypto

Quick Summary:

The price of Hyperliquid’s HYPE token fell 8.5% following a whale liquidation event that left the protocol’s HLP vault with a $4 million loss.

The event triggered speculation about potential manipulation, but Hyperliquid denied any exploit or hack.  HYPE dropped to $12.74 before recovering to $13.97.

This adjustment aims to increase maintenance margin requirements and provide a buffer for larger position liquidations.

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HYPE Token Drops as Whale Liquidation Triggers $4M HLP Vault Loss - TheNewsCrypto (Picture 1)

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Article Details

Author / Journalist: Sindhu

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-12 @ 12:08:42 (15 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 342 words

Reading Time: 2 minutes read

Sentences: 36 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 26922355

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About TheNewsCrypto

TheNewsCrypto Logo

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 32 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

Publisher Details

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The story "HYPE Token Drops as Whale Liquidation Triggers $4M HLP Vault Loss" was covered 15 hours ago by TheNewsCrypto, a news publisher based in United Arab Emirates.

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TheNewsCrypto is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in United Arab Emirates and publishes an average of 32 news stories per day.

It's most recent story was published 11 hours ago.

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  • News ID: #26922355
  • URL: https://beamstart.com/news/hype-token-drops-as-whale-17417923351201

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