Lookonchain analysts reported large-scale liquidations on decentralised platform Hyperliquid. According to their data, during the market crash on the night of 11 October, more than 1,000 wallets were completely zeroed out – users lost all their funds. Experts told that more than 6,300 addresses are in losses, and the total amount of losses exceeds $1.23bn. […] Сообщение Over 1,000 Hyperliquid Traders Lose Entire Deposits in Market Crash появились сначала на INCRYPTED.Lookonchain analysts reported large-scale liquidations on decentralised platform Hyperliquid. According to their data, during the market crash on the night of 11 October, more than 1,000 wallets were completely zeroed out – users lost all their funds. Experts told that more than 6,300 addresses are in losses, and the total amount of losses exceeds $1.23bn. […] Сообщение Over 1,000 Hyperliquid Traders Lose Entire Deposits in Market Crash появились сначала на INCRYPTED.

Over 1,000 Hyperliquid Traders Lose Entire Deposits in Market Crash

2025/10/12 16:59
1 min read
  • More than 1,000 wallets on the Hyperliquid platform were completely zeroed out.
  • The total losses of users exceeded $1.23bn.
  • At least 205 traders lost more than $1 million.
  • Four major addresses lost between $13 million and $18 million each.

Lookonchain analysts reported large-scale liquidations on decentralised platform Hyperliquid. According to their data, during the market crash on the night of 11 October, more than 1,000 wallets were completely zeroed out – users lost all their funds.

https://twitter.com/lookonchain/status/1977006597085053039

Experts told that more than 6,300 addresses are in losses, and the total amount of losses exceeds $1.23bn. Among them:

  • 205 wallets have lost more than $1 million
  • more than 1,070 have lost around $100,000

Lookonchain also noted the four largest individual losses: one trader lost $18.73 million, another lost $16.43 million with only $140 in his account afterwards. Another suffered a loss of $15.69m, leaving him with $104, while a fourth lost $13.72m, having lost his funds completely.

Note that the fear and greed index fell to 35 amid a large-scale correction of the crypto market.

Market Opportunity
Moonveil Logo
Moonveil Price(MORE)
$0.0006479
$0.0006479$0.0006479
+1.18%
USD
Moonveil (MORE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

The post China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise appeared on BitcoinEthereumNews.com. China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise China’s internet regulator has ordered the country’s biggest technology firms, including Alibaba and ByteDance, to stop purchasing Nvidia’s RTX Pro 6000D GPUs. According to the Financial Times, the move shuts down the last major channel for mass supplies of American chips to the Chinese market. Why Beijing Halted Nvidia Purchases Chinese companies had planned to buy tens of thousands of RTX Pro 6000D accelerators and had already begun testing them in servers. But regulators intervened, halting the purchases and signaling stricter controls than earlier measures placed on Nvidia’s H20 chip. Image: Nvidia An audit compared Huawei and Cambricon processors, along with chips developed by Alibaba and Baidu, against Nvidia’s export-approved products. Regulators concluded that Chinese chips had reached performance levels comparable to the restricted U.S. models. This assessment pushed authorities to advise firms to rely more heavily on domestic processors, further tightening Nvidia’s already limited position in China. China’s Drive Toward Tech Independence The decision highlights Beijing’s focus on import substitution — developing self-sufficient chip production to reduce reliance on U.S. supplies. “The signal is now clear: all attention is focused on building a domestic ecosystem,” said a representative of a leading Chinese tech company. Nvidia had unveiled the RTX Pro 6000D in July 2025 during CEO Jensen Huang’s visit to Beijing, in an attempt to keep a foothold in China after Washington restricted exports of its most advanced chips. But momentum is shifting. Industry sources told the Financial Times that Chinese manufacturers plan to triple AI chip production next year to meet growing demand. They believe “domestic supply will now be sufficient without Nvidia.” What It Means for the Future With Huawei, Cambricon, Alibaba, and Baidu stepping up, China is positioning itself for long-term technological independence. Nvidia, meanwhile, faces…
Share
BitcoinEthereumNews2025/09/18 01:37
Market Records Largest Long-Term Bitcoin Supply Release In History, Here’s What It Means For BTC

Market Records Largest Long-Term Bitcoin Supply Release In History, Here’s What It Means For BTC

Bitcoin has recorded what analysts describe as the largest long-term supply release in its history, coinciding with a sharp rise in leverage across derivatives
Share
Coinstats2026/02/08 07:06
Bitcoin Cash’s rally faces KEY test – Can BCH hold above $500?

Bitcoin Cash’s rally faces KEY test – Can BCH hold above $500?

On-chain activity points to improving conditions that could support further gains in Bitcoin Cash, though the outlook remains mixed.
Share
Coinstats2026/02/08 07:00