XPL Flash Crash Review: 16 Related Wallets Withdraw Collateral, HLP Loses $550,000
Source:
x.com
Quote Markets members recap the XPL flash crash: 16 linked wallets withdrew their margin prior to the plunge, causing the HLP liquidation vault to passively take positions and incur a loss of approximately $556,000; however, these wallets also lost around $711,000 on Hyperliquid.