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Affected by Whale Manipulation, Trader X's XPL Short Position Was Completely Liquidated, Resulting in a $4.59 Million Loss

By: theblockbeats.news|2025/08/27 04:32:18

BlockBeats News, August 27th, according to LookIntoChain monitoring, due to whale manipulation on Hyperliquid, the price of XPL plummeted, causing victim 0xC2Cb's XPL short position to be liquidated in full, resulting in a $4.59 million loss.

Viewpoint: Hyperliquid Revenue Misaligned with HYPE Market Cap, HYPE Price Undervalued

Nasdaq-listed company KindlyMD plans to issue $5 billion in shares to expand its Bitcoin treasury business