Hyperliquid Faces Manipulation Allegations as Tokens Surge
Hyperliquid is under scrutiny for alleged price manipulation by large investors, or 'whales', following a significant 200% surge in its XPL token. Four whales reportedly made $47.5 million in profits, raising concerns about market integrity as the HYPE token also reached an all-time high. These developments have sparked discussions about the influence of large wallets on decentralized exchanges.
Hyperliquid Faces Manipulation Allegations as Tokens Surge
Hyperliquid is under scrutiny for alleged price manipulation by large investors, or 'whales', following a significant 200% surge in its XPL token. Four whales reportedly made $47.5 million in profits, raising concerns about market integrity as the HYPE token also reached an all-time high. These developments have sparked discussions about the influence of large wallets on decentralized exchanges.
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