More than 1,000 dompets in Hyperliquid are completely liquid in the recent violent sale of crypto, eliminating more than $ 1.23 billion in the plaintiff’s capital on the platform, according to data from its leaderboard.
In total, 6,300 dompets are now in red, with 205 lost more than $ 1 million each according to data, first seen by Lookonchain. More than 1,000 accounts found losses of at least $ 100,000.
Wipeout arrives as crypto markets retreat from a global risk event triggered by US President Donald Trump’s announced a 100% additional tariff on Chinese imports.
The transition has been spying investors throughout the classes and has sent cryptocurrency prices. Bitcoin briefly dropped below $ 110,000 and the ether fell under $ 3,700, while the wider market measured by CoinDesk 20 (CD20) The index drops 15% at one point.
Extensive sale-off lead over $ 19 billion In fluids over a 24-hour period, it makes it the biggest event in the history of crypto history according to the dollar value. According to Coinglass.
The leaderboard data reviewed by Coindesk shows the top 100 Hyperliquid traders who scored $ 1.69 billion together.
In comparison, the top 100 loser dropped $ 743.5 million, leaving a net of $ 951 million concentrated in a number of highly leveraged short sellers.
The biggest winner is Wallet 0x5273 … 065F, to make more than $ 700 million from short positionsWhile the biggest loser, ”Thewhitewhale”Falling $ 62.5 million.
Among the flush victims was crypto personality Jeffrey Huang, known online as Machi Big Brother, who had previously launched a defamation against ZachXBT, who lost almost the full amount of his purse, worth $ 14 million.
“Happy while it lasts,” He posted on x.
Increasing the uncertainty, the US government’s continued shutdown delayed the release of key economic data. Without official indicators, markets are flying blind at a time of rising geopolitical risk.
