Liquidation
A single trader burned roughly $3 million to create about $5 million of loss in Hyperliquid’s vault, an on-chain episode observers called "performance art." The move has sparked fresh debate over protocol risk and market manipulation.
Hyperliquid paused deposits and withdrawals after a trader's attempt to manipulate memecoin POPCAT triggered major liquidations and significant losses for its liquidity provider.
On October 11, 2025, the crypto market underwent its worst-ever liquidation event, with $20 billion wiped out in a single hour. Bitcoin dropped 13%, long-tail tokens like ATOM plummeted drastically, and centralized exchanges faced major disruptions. DeFi platforms remained relatively stable due to protective mechanisms. Learn how this event reshaped market positioning and what it means for crypto investors today.
The crypto market underwent its biggest deleveraging event this year, witnessing $1.7 billion in liquidations. Bitcoin also saw a slight dip of 0.2%. Learn how Bitlet.app's Crypto Installment service can help you buy cryptos smartly during volatile times.
The trader known as qwatio has experienced eight liquidations within a week, recently including a partial liquidation of an Ether position leveraged 25 times. This highlights the high risks involved in leveraged crypto trading.