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$340M ETH Liquidation Spells Trouble for Hyperliquid, HYPE Token

Coinedition LogoCoinedition23h ago

$340M ETH Liquidation Spells Trouble for Hyperliquid, HYPE Token - Coinedition

Quick Summary:

Disaster struck the Hyperliquid platform when a massive $340 million ETH long position was liquidated, sending its native cryptocurrency, HYPE, crashing.

The huge liquidation triggered a wave of investor withdrawals and a sharp drop in AUM (assets under management).  Consequently, Hyperliquid recorded a net outflow of $166 million on March 12, marking the second-largest single-day […]

The post $340M ETH Liquidation Spells Trouble for Hyperliquid, HYPE Token appeared first on Coin Edition.

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Article Details

Author / Journalist: Maxwell Mutuma

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-13 @ 14:45:00 (23 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 101 words

Reading Time: 1 minutes read

Sentences: 49 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 26955026

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About Coinedition

Coinedition Logo

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 15 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 17 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #124

Publisher Details

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The story "$340M ETH Liquidation Spells Trouble for Hyperliquid, HYPE Token" has 101 words across 49 sentences, which will take approximately 1 minutes for the average person to read.

Which news outlet covered this story?

The story "$340M ETH Liquidation Spells Trouble for Hyperliquid, HYPE Token" was covered 23 hours ago by Coinedition, a news publisher based in India.

How trustworthy is 'Coinedition' news outlet?

Coinedition is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 15 news stories per day.

It's most recent story was published 17 hours ago.

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  • News ID: #26955026
  • URL: https://chronographically.beamstart.com/news/340m-eth-liquidation-spells-trouble-17418785554036

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