CryptoThe Blockabout 2 hours ago
Trader Profits $1.28M via Hyperliquid Manipulation
4 min read
A wallet earned $1.28 million on the new Papertrade exchange by manipulating ETH prices on Hyperliquid during its Saturday launch. The trader opened large positions and traded roughly $231 million worth of ETH, causing price shifts that Papertrade's 1,000x leverage amplified.
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