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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
$58.743
+2.12%
$58.743
+2.12%
(24s)24h Volume
$304,126,847.01
24h H/L
$58.94 / $57.26
Change: $1.68 (2.93%)
Funding Rate
-0.0045%
Shorts pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(05:28 PM UTC)
1 min read
884 views
0 commentsA 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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