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$26M ETH Short Goes Bust: Hyperliquid Trader’s Greed Turns $716K Profit Into Pain
$26M ETH Short Goes Bust: Hyperliquid Trader’s Greed Turns $716K Profit Into Pain
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Another day, another crypto trader learns the hard way that markets don't reward hubris.
The $26M blunder
One Hyperliquid degens thought they'd cracked the code—doubling down on an ETH short as the market turned against them. Textbook 'revenge trading' with a side of sunk-cost fallacy.
From hero to zero
What started as a potential seven-figure payday evaporated faster than a memecoin's liquidity. The $716K loss now stands as a monument to the oldest rule in finance: pigs get fat, hogs get slaughtered.
Bonus jab: At least they didn't YOLO it into a leverage token—progress?
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