<ul><li>A whale liquidation caused a $4M loss for Hyperliquid’s HLP vault, impacting HYPE’s price.</li><li>The HYPE token from Hyperliquid recorded an 8.5% price decline on Wednesday due to a significant whale trader liquidation occurrence.</li><li>Hyperliquid officials verified that no hacking attack or exploit had happened.</li><li>Hyperliquid adjusted maximum leverage parameters for Bitcoin and Ether positions to minimize future similar occurrences.</li></ul>

Hyperliquid Suffers $4 Million Loss Following Whale Liquidation, HYPE Token Drops 8.5%

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