POPCAT Price Crash Sparks Manipulation Claims Against Hyperliquid
Arkham Intelligence reported today on X that the recent crash in POPCAT’s price may have been the result of manipulation involving Hyperliquid, a decentralized perpetuals exchange.
POPCAT (Latest Publications)
Performance Art or Exploit? Trader Torches $3M to Wreck Hyperliquid
TL;DR A trader intentionally sacrificed $3 million to trigger cascading liquidations. The attacker created a fake $20 million buy wall for manipulation. Community called the event
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