@0xv1ktorrr
hyperliquid endured its third major market manipulation attack this year on november 12, 2025.
this was a coordinated popcat manipulation designed to sabotage the protocol.
the attacker deployed $3 million in usdc across 19 wallets.
this was used to fabricate a $20-30 million long position in popcat perpetuals.
a fake $20 million buy wall was erected at $0.21 to inflate the price by 40%.
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