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In case you didn’t know - the BTC whale closed 90% of his BTC short and fully closed his ETH short, making around $190–$200M profit in just one day on Hyperliquid.

The crazy part is that he shorted another 9 figs worth of BTC and ETH minutes before the cascade happened. And this was just publicly on Hyperliquid imagine what he did on CEXs or elsewhere. I’m pretty sure this guy played a huge role in what happened today.

MLM on X
RUMOR IS WINTERMUTE + CRYPTO.COM GOT HIT HARD / BLEW UP. IF YOU WANT TO BE SAFE, PLEASE WITHDRAW ANY MONEY ASSOCIATED WITH THESE PROTOCOLS TO BE SAFE. I CANNOT CONFIRM THIS INFORMATION FOR YOU GUYS AS I DO NOT KNOW ANYONE AT WINTERMUTE OR ANYONE AT CRYPTO.COM, BUT THE RUMORS I AM HEARING IS THAT THEY BLEW UP. PLEASE BE CAERFUL.
wow, no way

they reported 9bn earlier.
MORE THAN $19 BILLION IN CRYPTO POSITIONS LIQUIDATED IN THE LAST 12 HOURS

*The largest single liquidation order happened on Hyperliquid - ETHUSDT value $203.36M

*$10B+ liquidated on Hyperliquid
*$4.5B+ liquidated on Bybit
*Binance reported only $2.5B liquidations

*The actual total is likely much higher as Binance  only reports one liquidation order per second: CoinGlass

Some Estimates suggest between $30B to $40B has been liquidated
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