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via CoinDesk · By CoinDesk Staff

Hyperliquid's pre-IPO SpaceX contracts suffers 45% flash crash, liquidating $1.5 million

HYPE

HYPE/USDT

$85.478

+1.60%

$85.478

+1.60%

(24s)

24h Volume

$519,393,515.52

24h H/L

$86.17 / $83.71

Change: $2.46 (2.94%)

Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data

HYPE

Daily

$85.82

▲ 1.67%

Volume (24h): -

Resistance Levels

Resistance 3$101.5591

Resistance 2$98.2013

Resistance 1$87.536

Price$85.82

Support 1$83.9231

Support 2$74.0098

Support 3$70.928

Pivot (PP):$85.2733

Trend:Uptrend

RSI (14):65.3

CoinDesk Staff

(05:28 PM UTC)

1 min read

Approved byMichael Roberts

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A massive selloff in a SpaceX crypto token wiped out hundreds of retail traders in 30 minutes because the market lacked enough cash to absorb the shock.

Hyperliquid's SPACEX-USDH perpetual contract suffered a violent flash crash on Thursday afternoon, plunging from an open of $2,277 to a low of $1,254, a near-45% collapse, within a single 30-minute window before partially recovering to around…

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CoinDesk Staff · CoinDesk

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