A Hyperliquid whale's private key was allegedly compromised, resulting in losses exceeding $20 million.
ChainCatcher reported, according to market sources, a Hyperliquid whale wallet closed a long position worth $160 million in HYPE about 11 hours ago and sold 100,000 HYPE (approximately $44 million). The reason appears to be a private key leak, which resulted in the account being completely drained: around $170 million was stolen from its Hyperliquid account; additionally, about $31 million in assets deposited in the Plasma Syrup Vault (liquidity pool) were also stolen.
After the attack, the "hacker" transferred all the stolen assets, swapped the stolen USDC for DAI, and moved them into two new wallets, where the funds are still being held. The hacker also transferred $31.1 million worth of MSYRUPUSDP to another new wallet.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Microsoft (MSFT.US) pledges to bear data center electricity costs, plans to invest $117 billion this year to expand AI infrastructure
Microsoft is seeking to ensure adequate power supply for its data centers without relying on government subsidies or increasing the burden on other electricity consumers.
MicroStrategy will be removed from the MSCI Global Standard Index
Crypto prices
More
