TRADER LEAVES HYPERLIQUID WITH $4M OF BAD DEBTTrader 0xf3F longed $300M worth of ETH this morning and subsequently removed all margin from his DEX account

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10 hours ago

TRADER LEAVES HYPERLIQUID WITH $4M OF BAD DEBT

Trader 0xf3F longed $300M worth of ETH this morning and subsequently removed all margin from his DEX account.

This forced the Hyperliquid LP Vault to take over and liquidate his position, causing the HLP Vault to incur $4M in losses.

This account has received $475K ETH and PAXG from the trader who longed $300M of BTC+ETH minutes before Donald Trump announced the US Digital Asset Stockpile.

After withdrawing the funds from Hyperliquid, he deposited $10M in Sky Protocol SDAI (Savings DAI), purchased $4.14M ETH and $2.95M of on-chain Gold (PAXG).

Address: 0xf3F496C9486BE5924a93D67e98298733Bb47057c


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