PandaShield: Hyperliquid HLP Losses About $1.5 Million, Attackers Trigger Self-Destructive Liquidation Using Low Liquidity



PANews April 9 — According to PandaShield monitoring, HLP lost approximately $1.5 million in the past 24 hours. Attackers accumulated a total of $15 million worth of FARTCOIN long positions (145.24 million tokens) across four wallets. In a low liquidity environment, the attacker triggered a "suicidal" forced liquidation, causing the ADL mechanism to activate. HLP was forced to absorb bad positions and the resulting bad debt. The on-paper loss is $3 million, but cross-platform hedging could potentially realize significant net profits.

#Gate廣場四月發帖挑戰
FARTCOIN10,38%
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