- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
FOGO on Hyperliquid Surges 550%, New Address Makes Around $500,000 Profit in Half an Hour
BlockBeats News, December 25th, According to MLM Monitor, on Hyperliquid, a short (pre-market) position worth about $1.49 million of FOGO was just liquidated in 15 minutes as FOGO skyrocketed by 550%.
This chain liquidation also triggered an Auto-Deleveraging (ADL) event in a long position wallet, locking in approximately $500,000 in profit in less than 30 minutes. Notably, this wallet had established a long position via TWAP only about 7 hours ago and was using a newly created wallet address.
Address link: https://hypurrscan.io/address/0xb2f42334fffc3947b4c79c7e3dc3d387d391f148
The largest single liquidation came from a wallet that was still attempting to short FOGO during the liquidation process (adding fuel to the fire). The wallet's isolated short position was liquidated by the system in 10 minutes, resulting in a loss of approximately $100,000 USDC collateral on a position with a nominal value of $224,000.
Address link: https://hypurrscan.io/address/0x4013eb7da81902a556146861dc50e9c0f515238d
You may also like
The current Lobster Skill is just yesterday's Fruit Ninja, only meant to get you acquainted.
Key Market Intelligence on March 10th, how much did you miss out on?
IOSG: From Interest-Bearing Stablecoins to Crypto Credit Products
NVIDIA CEO Jensen Huang's Latest Article: The "Five Layers of AI"
Daily Observation of Cryptocurrency Concept Stocks: Nasdaq Bets on Stocks on the Blockchain, Strategy Buys Another 17,994 BTC, ETH Treasury Stocks Enter Production Period
One-click onboarding to RootData, allowing project information to be accurately presented on over 200 platforms including Binance Wallet, Gate, TP, and more
To the Builders who are still persevering in the crypto industry
Oil Price Cools Off, Crypto Bounces Back
a16z Releases Top 100 AI Applications List, Models Are Moving Out of the Browser and App
If you only follow the news, you may have misconstrued this Iran conflict
ERC-8183: Write a Rule for a $3M On-Chain Agent Business
AI Mistakenly 'Tips' $260,000, Makes It All Back in 24 Hours
Arthur Hayes: Why is HYPE a 5x Moonshot?
OpenClaw Money-Saving Strategy: Saving Two Thousand a Month - What Am I Doing Right?
a16z: Making a $2 Billion Bet on the Next Dawn of Web3
Trade to Earn Series IV: WEEX Launches Up to 40% Real-Time Futures Fee Rebates
Trade futures on WEEX and earn up to 40% real-time fee rebates. Trade to Earn Series IV lets you accumulate WXT rewards while reducing trading costs.
WEEX AI Hackathon Champions Crowned, Revealing Future of AI Trading
The first-ever WEEX AI Hackathon has concluded, with 10 winners emerging from over 200 global teams. Beyond its $1.8 million prize pool, the event marked a milestone—proving that the future of AI trading belongs to accessible, AI-powered innovation.
App