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45 Hyperliquid's pre-IPO SpaceX contracts suffers 45% flash crash, liquidating $1.5 million

CoinDesk
Oliver Knight @ CoinDesk 2 place · today 13:28 EDT

Hyperliquid's pre-IPO SpaceX contracts suffers 45% flash crash, liquidating $1.5 million

A massive selloff in a SpaceX crypto token wiped out hundreds of retail traders in 30 minutes because the market lacked enough cash to absorb the shock.

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