HYPE drops 8.5% amid $4 million HLP vault loss following Hyperliquid whale liquidation event
The price of Hyperliquid's native token dropped 8.5% on Wednesday morning as a whale liquidation event appeared to leave Hyperliquid's HLP (Hyperliquidity Provider) vault with a $4 million loss.HYPE fell from around $14.04 to $12.84 following the incident, according to The Block's Hyperliquid Price …