Hyperliquid's treasury suffered a short-term loss of over 4 million US dollars
According to official data, the Hyperliquid Treasury (Hyperliquidity Provider) suffered a short-term loss of over 4 million US dollars, possibly due to the "Hyperliquid 50x leverage whale voluntarily liquidating" 160,000 ETH. These 160,000 ETH (worth $306 million) were closed at $1,915 per unit and taken over by the Hyperliquid Treasury for settlement. Due to the large amount involved, if ETH continues to fall during the liquidation process it will result in losses; these losses have been borne by HLP.
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