Good shares, just wanna say some parts of my thoughts here: 1. This action is totally under the rule of the system just as Hyperliquid said. 2. If this whale didn’t use liquidation mechanism to immediately quit the position, the HLP still meets the loss as they are the biggest counter-party against this whale’s long position, which means if ETH keeps pump, the loss just gonna go bigger. 3. The biggest problem/risk exposure of those kinds of player-2-pool Dex Perp is actually there is theoretically possibility that the LP’s funds may encounter a big loss under a short-term massive fluctuation as the traders win the money out. 4. Key points is still the underlying price determination, currently is still the players/actions from the top CEX who ‘control’ the price, and DEX may do not have enough participants to split out the positions to avoid the high exposure in a single direction during a extreme market period. 定价权 定价权 还是定价权 #Hyperliquid