$100 Million Bitcoin Wipeout: HyperLiquid Trader Blown Up on Overleveraged Bet
Another day, another crypto cautionary tale—this time with nine zeroes attached.
HyperLiquid’s latest liquidations show even ’sophisticated’ traders aren’t immune to leverage’s siren song. When Bitcoin’s price swung violently this week, one overconfident (or sleep-deprived) whale saw their entire position vaporized in minutes.
The kicker? This wasn’t some retail degenerate—this was a nine-figure institutional-grade blowup. Maybe next time they’ll hedge like the rest of Wall Street’s leveraged gamblers.
Remember kids: the market takes no prisoners. Especially when you’re playing with Bitcoin and borrowed money.