NEW: SOMEONE IS LONG $200M+ OF $ETH (POSITION SIZE) ON 50X LEVERAGE, WITH $4M+ MARGIN ON @HyperliquidX
Forwarded from mitch (idrawline)
this dirty israeli jew tweeting this from his shelter while his sister popping her shit on the internet
please sit down lil nigga
please sit down lil nigga
Forwarded from Ahboyash Reads
https://x.com/lookonchain/status/1899722716971684200
The "insider" trader seems to be exploiting vulnerabilities in Hyperliquid's system, particularly affecting the HLP (Hyperliquidity Provider) vault.
The trade
- Build a massive position: the trader deposited 10M USDC into Hyperliquid and built up a long ETH position reaching approximately 141,013 ETH (worth $271.6M).
- Used high leverage (estimates mention 13.5x to 19.2x) to control a notional exposure of approximately 270-336M with only about $23M in underlying capital
- Eventually liquidated for 160,234 ETH (worth about $306.85M), which appears to have been a deliberate strategy rather than a mistake (?)
Potential Exploitation Strategy
- Potential deliberate attack on Hyperliquid's liquidity engine and HLP vault
- Forced Liquidation: The trader may have intentionally triggered their own liquidation, possibly by withdrawing capital to force the liquidation price to be hit
- HLP vault was "hurt" by this action and was "long $286m in ETH" after the event (took on his posiiton), suggesting the vault had to absorb the trader's position
- The trader may have been exploiting how the HLP vault handles large liquidations
Why This Is Exploitative
- HLP vault works by sharing profits and losses among depositors. By forcing such a large liquidation, the trader may have:
1. Created forced buying or selling that moved market prices in their favor
2. Potentially passed losses to HLP vault participants
3. Exploited the liquidation mechanism for their own gain, possibly holding offsetting positions elsewhere
Extracted $1.86m profit: https://x.com/lookonchain/status/1899752014596510076
The "insider" trader seems to be exploiting vulnerabilities in Hyperliquid's system, particularly affecting the HLP (Hyperliquidity Provider) vault.
The trade
- Build a massive position: the trader deposited 10M USDC into Hyperliquid and built up a long ETH position reaching approximately 141,013 ETH (worth $271.6M).
- Used high leverage (estimates mention 13.5x to 19.2x) to control a notional exposure of approximately 270-336M with only about $23M in underlying capital
- Eventually liquidated for 160,234 ETH (worth about $306.85M), which appears to have been a deliberate strategy rather than a mistake (?)
Potential Exploitation Strategy
- Potential deliberate attack on Hyperliquid's liquidity engine and HLP vault
- Forced Liquidation: The trader may have intentionally triggered their own liquidation, possibly by withdrawing capital to force the liquidation price to be hit
- HLP vault was "hurt" by this action and was "long $286m in ETH" after the event (took on his posiiton), suggesting the vault had to absorb the trader's position
- The trader may have been exploiting how the HLP vault handles large liquidations
Why This Is Exploitative
- HLP vault works by sharing profits and losses among depositors. By forcing such a large liquidation, the trader may have:
1. Created forced buying or selling that moved market prices in their favor
2. Potentially passed losses to HLP vault participants
3. Exploited the liquidation mechanism for their own gain, possibly holding offsetting positions elsewhere
Extracted $1.86m profit: https://x.com/lookonchain/status/1899752014596510076
X (formerly Twitter)
Lookonchain (@lookonchain) on X
This whale—possibly trading with insider info—is making a high-risk long bet on $ETH!
The position has grown to 73,076 $ETH($138.75M), with an unrealized profit of over $1M in just 10 minutes!
Liquidation price: $1,854.4
https://t.co/xSGdBsxN4A
The position has grown to 73,076 $ETH($138.75M), with an unrealized profit of over $1M in just 10 minutes!
Liquidation price: $1,854.4
https://t.co/xSGdBsxN4A
👍1
https://x.com/trading_axe/status/1899787676703687139?s=46
Superforecaster publishes a post ; definitely worthy speculation
Superforecaster publishes a post ; definitely worthy speculation
Binance Alpha Introduces New Review Mechanism (2025-03-12)
https://www.binance.com/en/support/announcement/detail/b5d596df201a41589445f6667ac58b2a
https://www.binance.com/en/support/announcement/detail/b5d596df201a41589445f6667ac58b2a
*US FEB. CONSUMER PRICES RISE 0.2% M/M; EST. +0.3%
FEB. CORE CPI RISES 3.1% Y/Y•, EST. +3.2%
*US FEB. CORE CPI RISES 0.2% M/M•, EST. +0.3%
*US FEB. CONSUMER PRICES RISE 2.8% Y/Y; EST. +2.9%
FEB. CORE CPI RISES 3.1% Y/Y•, EST. +3.2%
*US FEB. CORE CPI RISES 0.2% M/M•, EST. +0.3%
*US FEB. CONSUMER PRICES RISE 2.8% Y/Y; EST. +2.9%
🔴 CANADA FINANCE MINISTER: CANADA WILL IMPOSE 25% RETALIATORY TARIFFS ON US GOODS WORTH C$29.8 BLN FROM MARCH 13TH. ...
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JUST IN: 🇺🇸 President Trump says he plans to lower taxes if "Democrats behave."
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Forwarded from Crypto support group hotline
A young trader came to a wise DeFi farmer at the end of the bull run and said, “your wisdom is grand, I have been blessed to have reached my target goal of $10m and I wish to retire and live off the yield.”
The farmer said “what glorious news, diversify your funds across platforms to minimize risk. You can buy some t-bills, place some in aave, high yield savings accounts, you can even deposit some on centralized exchanges to earn yield.”
The young trader said “but farmer, these yields are only 3-4% and surely not enough for me to fly private, vacation in the Maldives, rent a coastal party house, and live my best life.”
The farmer said “young trader, I can tell you of higher yields but you must be forewarned for with each percentage comes more risk.”
The trader retorted “I want the highest yield, I care not where it comes from”
“Very well” said the farmer and he handed the trader an envelope, “40% apy, use at your own risk”
The trader left gleefully.
A fortnight later the trader returned to the farmer and said “it was quite unusual, I lost 10% of my principal when the peg broke and I sold. I’m down from $10m to $9m but surely still have enough to live off yield. Tell me, tell me wise farmer where I can get the highest yields?”
The farmer handed him an envelope labeled 20% and warned, “you may use this strategy but beware for it is a basket of…”
The trader rudely interrupted “if I wanted to hear about baskets, I’d have gone to a basketweaver at the market”
Three fortnights later the trader returned to the farmer and said “I feel Jupit-poor, I’m down another 25% on my principal. I have only 6.75m left. I understand I’ll have to fly commercial, I won’t be purchasing that yacht but perhaps I can still earn a decent living from yield.”
The farmer handed him an envelope marked 10% and said “I must warn you, this strategy takes the other side of trades for traders on hy…”
The young trader, wind blowing through his broccoli haircut interjected “I care not about sides, I only care for yield”
The trader returned to his abode, opened the envelope and muttered under his breath, “hyperliquid”
H/T my ceo lunch
The farmer said “what glorious news, diversify your funds across platforms to minimize risk. You can buy some t-bills, place some in aave, high yield savings accounts, you can even deposit some on centralized exchanges to earn yield.”
The young trader said “but farmer, these yields are only 3-4% and surely not enough for me to fly private, vacation in the Maldives, rent a coastal party house, and live my best life.”
The farmer said “young trader, I can tell you of higher yields but you must be forewarned for with each percentage comes more risk.”
The trader retorted “I want the highest yield, I care not where it comes from”
“Very well” said the farmer and he handed the trader an envelope, “40% apy, use at your own risk”
The trader left gleefully.
A fortnight later the trader returned to the farmer and said “it was quite unusual, I lost 10% of my principal when the peg broke and I sold. I’m down from $10m to $9m but surely still have enough to live off yield. Tell me, tell me wise farmer where I can get the highest yields?”
The farmer handed him an envelope labeled 20% and warned, “you may use this strategy but beware for it is a basket of…”
The trader rudely interrupted “if I wanted to hear about baskets, I’d have gone to a basketweaver at the market”
Three fortnights later the trader returned to the farmer and said “I feel Jupit-poor, I’m down another 25% on my principal. I have only 6.75m left. I understand I’ll have to fly commercial, I won’t be purchasing that yacht but perhaps I can still earn a decent living from yield.”
The farmer handed him an envelope marked 10% and said “I must warn you, this strategy takes the other side of trades for traders on hy…”
The young trader, wind blowing through his broccoli haircut interjected “I care not about sides, I only care for yield”
The trader returned to his abode, opened the envelope and muttered under his breath, “hyperliquid”
H/T my ceo lunch
👍2💯2
I believe you should now just stick to your spot and perps for low levs instead of risking high
Maybe we do get bottoms around 70-72k where most liquidity lies and that range gonna be amazing one !
We yesterday got a cpi dump bcz their actually got a huge liquidity built at 80s levels which was indeed needed to be clear !
Trade wars seems to be cooling later march or start april ; we can see a probable pushback around april-june!
Additional; we are seeing not a major strength rn on majority charts ; so build your pfs accordingly where the strength is likely to turn fastest- modest
HL guys are gonna make some another play book of this cycle ; they have been turning up high OIs really , take care
Maybe we do get bottoms around 70-72k where most liquidity lies and that range gonna be amazing one !
We yesterday got a cpi dump bcz their actually got a huge liquidity built at 80s levels which was indeed needed to be clear !
Trade wars seems to be cooling later march or start april ; we can see a probable pushback around april-june!
Additional; we are seeing not a major strength rn on majority charts ; so build your pfs accordingly where the strength is likely to turn fastest- modest
HL guys are gonna make some another play book of this cycle ; they have been turning up high OIs really , take care
👍2
Crypto Masters
I believe you should now just stick to your spot and perps for low levs instead of risking high Maybe we do get bottoms around 70-72k where most liquidity lies and that range gonna be amazing one ! We yesterday got a cpi dump bcz their actually got a huge…
Probably looks like we gonna get some good levels up first to clear up liquidity and maybe a sudden drop back
But who knows actually none
But who knows actually none
👍1
Forwarded from Birds of a Feather
General base case is that we still trend lower over the HTF. There is a moderate chance that we bottomed at 76k, or potentially double bottoming at 74-76k but I think that probability is decreasing over time.
Structurally I still haven't seen anywhere close to the levels of capitulation I would deem sufficient for a deep cleanse after the excess of this cycle. Think it's only a matter of time before we test Saylor's 66k mental level and see how the market reacts below that level.
Across all timeframes everything has broken uptrends or ranges and BTC @ 75 is realy the last level left.
Given correlations with equities as well, I don't think we're going to see a reversal from Trump / Bessent / Powell anytime soon either. Will probably look to short high 80s if we get it on a good PPI tonight.
Structurally I still haven't seen anywhere close to the levels of capitulation I would deem sufficient for a deep cleanse after the excess of this cycle. Think it's only a matter of time before we test Saylor's 66k mental level and see how the market reacts below that level.
Across all timeframes everything has broken uptrends or ranges and BTC @ 75 is realy the last level left.
Given correlations with equities as well, I don't think we're going to see a reversal from Trump / Bessent / Powell anytime soon either. Will probably look to short high 80s if we get it on a good PPI tonight.
👍1
Forwarded from Ahboyash Reads
Hyperliquid whale is back, also opened positions on GMX
Longed ETH/ Shorted BTC on HL: https://hypurrscan.io/address/0xf3f496c9486be5924a93d67e98298733bb47057c
Longed ETH on GMX: https://app.gmx.io/#/accounts/0xf3F496C9486BE5924a93D67e98298733Bb47057c?network=arbitrum&v=2
Longed ETH/ Shorted BTC on HL: https://hypurrscan.io/address/0xf3f496c9486be5924a93d67e98298733bb47057c
Longed ETH on GMX: https://app.gmx.io/#/accounts/0xf3F496C9486BE5924a93D67e98298733Bb47057c?network=arbitrum&v=2