Hyperliquid Market Crash Wipes Out Over 1,000 Wallets

2025-10-11 21:41

A severe market crash on the Hyperliquid platform has resulted in over 1,000 wallets being completely wiped out, with users losing their entire holdings. In total, more than 6,300 wallets are now in the red, suffering combined losses exceeding $1.23 billion. Among these, 205 wallets experienced losses of over $1 million each, while more than 1,070 wallets saw losses surpassing $100,000. This data is sourced from the Hyperliquid leaderboard, highlighting the significant impact of the crash on its users.

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