Crypto

Hyperliquid Traders Face Widespread Liquidations as Oil Prices Collapse

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In brief

  • Hyperliquid traders faced widespread liquidations as benchmark oil prices plunged on Wednesday following a U.S.-Iran ceasefire agreement.
  • The decentralized exchange’s users lost $79.7 million worth of leveraged positions while trading Brent and WTI crude oil perpetual futures.
  • The last…

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