XPL flash-crashes 18% on Hyperliquid after wallets withdraw margin ahead of drop

XPL crashed 18% in one minute on Hyperliquid on Nov 1. Before the flash crash, 16 linked wallets had withdrawn about $2.04M in margin; they had held roughly 269M XPL longs worth about $23.09M. Hyperliquid's liquidation mechanism then triggered, with the HLP vault absorbing the losses.

Detected & updated continuously · Source: Nebula