Wu learned that in the past 24 hours, Hyperliquid's HLP Vault has suffered losses of over $4 million and is still expanding, which may be related to the recent emergence of Hyperliquid's high leverage, high position value, and often significant profit floating giant whale. According to @ EmberCN, Giant Whale opened a long position of 175000 ETH (worth approximately 340 million) with high leverage, resulting in a floating profit of 8 million. After closing 15000 ETH, it returned 17.09 million USDC margin to its address; After the margin is withdrawn, the remaining long position of 160000 ETH triggers liquidation; Due to the large liquidation position, Hyperliquid HLP took over the position in 1915 and gradually liquidated it, resulting in a loss of over 4 million US dollars. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=39346