Mega Whale detected, which previously shattered the liquidity of Hyperliquid, suddenly resumes trading behavior
5 hours ago, this Whale opened a volume of 145M$ Short $BTC at a price of 104,427$ , liquidating at 105370$ (very close)
According to the data I have, in the past period from January to March 2025, this whale's wallet address carried out many price manipulation transactions on Hyperliquid to attack the exchange using multi-exchange Arbitrage methods between Hyperliquid and GMX
I am continuing to research further, and I will expose the behavior and price manipulation methods of this Whale in the next article, while also publicly disclosing all wallet addresses and sources of funds related to this deliberate attempt to destroy the exchange
