cryptoplaza

A whale lost $23.52M by closing a 5x short position on the HYPE token.
The trade caused volatility and a spike in open interest, highlighting DeFi fragility.
HYPE's price surged to $35.86 with strong trading volume and a $12B market cap.
Analysts warn of systemic risks and call for regulatory oversight in high-leverage DeFi.

If a single misstep can cost $23 million, are we empowering users or exposing them?

A whale lost $23.52M by closing a 5x short position on the HYPE token.
The trade caused volatility and a spike in open interest, highlighting DeFi fragility.
HYPE's price surged to $35.86 with strong trading volume and a $12B market cap.
Analysts warn of systemic risks and call for regulatory oversight in high-leverage DeFi.

If a single misstep can cost $23 million, are we empowering users or exposing them?

https://coincu.com/339243-whale-fails-hype-short-trade/