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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

$91.88

-1.86%

$91.88

-1.86%

(24s)

24h Volume

$856,002,919.16

24h H/L

$94.38 / $90.41

Change: $3.97 (4.39%)

Funding Rate

-0.0028%

Shorts pay

Data provided by COINOTAG DATALive data

HYPE

Daily

$92.02

▼ -0.44%

Volume (24h): -

Resistance Levels

Resistance 3$94.4261

Resistance 2$93.9769

Resistance 1$92.6633

Price$92.02

Support 1$91.1411

Support 2$90.2333

Support 3$89.63

Pivot (PP):$92.4033

Trend:Sideways

RSI (14):0.0

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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