Tag: Hyperliquid

INIT Token Skyrockets 325% After Launch — Hyperliquid Trader Makes $654K in Hours

Someone Just Cashed Out $654K in Hours on INIT — Insider or Genius Trader?

Crypto Twitter is low-key melting down after a Hyperliquid trader pulled off what looks like the cleanest snipe of the year. The trader went long on it , the native token of the Initia blockchain, just after it launched — and now they’re sitting on a $654K profit. Yeah… in just 15 hours.

INIT

The Setup

INIT dropped on April 24, launching on multiple crypto exchanges and instantly becoming the move. A post from Lookonchain spilled the alpha:

  • The trader went long on Hyperliquid with 2X leverage
  • Entry price was $0.638
  • It is now trading at around $0.8494 (+30.82% in 24 hours)
  • The trade made a $654,000 profit, per Hypurrscan

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Insider Alpha or Just Luck?

Crypto sleuths are calling foul play, speculating that the trader might be tied to the Initia team. The timing is just too perfect — the position was opened minutes after the token started trading, right before the massive pump.

Whether it’s insider info or sharp instinct, the streets are watching. 🕵️‍♂️

INIT Token Stats (at press time):

  • Price: $0.8494
  • Volume: ~$1B in 24 hours
  • Market Cap: $126.35M
  • Rank: #304 on CoinMarketCap
  • From Binance Launch Price: $0.2 ➡️ $0.85 = +325%

It is clearly making waves across both centralized and decentralized exchanges — and it’s only been live for a day.

Bottom Line:

Whether you believe the trader is an insider or just cracked the code, this launch is the latest reminder that new token launches = wild opportunities (and even wilder drama).

Keep your eyes on this one. The blockchain is watching.

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Trader Loses Nearly $1M Trying to Exploit Hyperliquid with JELLY Memecoin – Here’s What Happened

Trader Tries to Hack Hyperliquid with JELLY, Ends Up Wrecked with $1M Loss

A trader who thought they had found the perfect loophole in Hyperliquid just got rekt—losing almost $1 million in the process.

Hyperliquid
Current price of HYPER

According to Arkham Intelligence, this person set up three accounts super fast, planning to abuse the exchange’s liquidation mechanics. They placed massive long and short trades, trying to force a payout before they could react.

But here’s where it went sideways—JELLY’s price shot up by 400%, instantly nuking their $4 million short. The trade was so big that it got dumped into Hyperliquid’s liquidity provider vault (HLP). While trying to escape, the trader withdrew funds from their other accounts to protect their winnings.

It wasn’t having it. They locked down the accounts, switched them to reduce-only mode, and then froze and delisted JELLY. The result? Their first two accounts lost all the paper profits, and they’re stuck with a potential $1M hole.

Arkham says they still managed to pull out $6.26M, but at least $1M is stuck. If they can grab it later, they’re only down $4K. Otherwise, it’s a full-blown disaster.

This isn’t even the first time something like this happened. Earlier this month, a whale torched a $200M ETH position, making Hyperliquid’s HLP eat a $4M loss. Looks like traders are testing the limits of leveraged positions, but Hyperliquid is clapping back hard.

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Hyperliquid DEX Hits $1T Volume, Rolls Out Major Risk Management Upgrade

Hyperliquid DEX just surpassed $1T in volume! Now they’re reducing margin requirements to assist in maintaining smooth and secure trading.

Who said DEXs can’t maintain pace with centralized exchanges? Hyperliquid is making the skeptics eat their words, racking up $1 TRILLION in trading volume as of March 13, this year.

Yet big numbers mean big risks. A recent market volatility put Hyperliquid’s margin system through its paces, prompting them to take their defenses to the next level. Rather than sitting on their hands until catastrophe struck, the team took action:

“Risk management isn’t a buzzword for us—it’s our cornerstone.”

Now they’re unleashing a massive upgrade on March 15, this year (00:00 UTC). The biggest change? A 20% margin ratio requirement for any margin transfers. This means:
🔹 Withdrawals & transfers (perp-to-spot, isolated margin adjustments) need a minimum 20% margin.
🔹 Leverage stays untouched—still up to 40x, no worries there.
🔹 New cross margin positions? Chill. This rule only applies if post-trade leverage exceeds 5x.

Hyperliquid is playing it smart—stronger margin rules = healthier market stability. With $1T in volume, it’s clear they’re not just another DEX. They’re setting the new standard.

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Hyperliquid Hit by $250M Outflow Amid North Korea Hacking Allegations

Hyperliquid got rocked with $250M+ outflows after a researcher warned North Korean hackers might be testing their platform. Even though Hyperliquid denied any breaches, users panicked, and their token HYPE tanked 20%. Now they’re in damage control mode, trying to rebuild trust and chill the chaos.



Crypto derivatives platform Hyperliquid is in the hot seat after $250M+ in net outflows hit them hard, following claims that North Korean hackers might be lurking. Metamask security researcher Tay Monahan called out the issue on Dec. 23 via X (formerly Twitter), saying hackers tied to North Korea’s DPRK have been poking around since October—not to trade but to sniff out weaknesses.

Monahan’s warning sent shockwaves through the community, with users pulling their funds like there’s no tomorrow. Net outflows hit a record $502.7M that day, even with $253.5M in inflows, according to Dune Analytics.

Hyperliquid clapped back on Discord, saying all funds are secure and there’s been no breach involving DPRK. But the damage was already done. Their token, nosedived 20% resulting in drop to $28 .
The crypto fam is divided—some say Monahan caused unnecessary panic, while others respect her hustle for flagging a potential threat. With North Korea’s infamous Lazarus Group linked to big crypto heists, this isn’t something to shrug off.

Now, Hyperliquid’s next moves will make or break user trust as they fight to bounce back and calm the chaos.

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Hyperliquid Launches $HYPE Token: The Future Is Here!

Hyperliquid just dropped its $HYPE token, hitting $3.93 after a 95% pump in just mere 2 hours! With a massive $310M token airdrop and no shady investor allocations, it’s all about the community. Backed by lightning-fast HyperBFT tech, it’s redefining decentralized trading with staking, governance, and zero middlemen.

Hyperliquid is shaking up the crypto world with its new $HYPE token, and it’s already off to a crazy start! After launching, it pumped almost 95% in just 2 hours, trading around $3.93. The best part? They’re dropping 310 million HYPE tokens in a massive airdrop worth nearly $1 billion! 💥

This isn’t your normie cryptocurrency debut. The goal of them is to prioritize the community above all, which means that there will be no paid market makers or even private investors—just tokens for the general public. 31% of the total tokens will be used for the airdrop, with 24% going to key contributors, 39% going to the community, and 6% going to the Hyper Foundation.

With a blazing-fast blockchain called HyperBFT, Hyperliquid is making $1.6 billion in 24-hour volume, already outpacing rivals like Jupiter and SynFutures. And with $HYPE token, users get governance power, staking, fee payments, and USDC trading pairs on the spot market.

Hyperliquid’s game plan? No centralized control, just pure decentralized power for the community. Looks like $HYPE is the future of DeFi.

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