Big news in the world of cryptocurrency! A big company called Hyperliquid, which helps people trade crypto, lost $4 million in just one day. This happened because a trader took a really big risk and lost a lot of money. It's like playing a game with really high stakes!
- A trader bet big on Ethereum (ETH), a popular cryptocurrency.
- The trader's bet didn't work out, causing a big loss for Hyperliquid.
- Hyperliquid's own cryptocurrency, HYPE, dropped in price because of this.
| Fact | Number |
|---|---|
| Loss in 24 hours | $4 million |
| Trader's initial bet | $340 million |
| Trader's profit (despite losses) | $1.8 million |
| HYPE token price drop | Over 3% |
| Hyperliquid's market share | Over 64% |
