Hyperliquid Faces Allegations of Whale Manipulation Amid Price Surge
Hyperliquid is under scrutiny as four major investors, or 'whales', reportedly made $47.5 million during a 200% surge in the price of XPL. Allegations of price manipulation have emerged, raising concerns about the integrity of the decentralized exchange, especially as its HYPE token reaches a new all-time high.
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