🐳 Now, there's a scandal around Hyperliquid. A wallet allegedly linked to Justin Sun went long on XPL (Plasma) on Hyperliquid. Price shot up +200%, short traders got liquidated. The position was closed with a $16M profit. On other exchanges though no pump at all.

Everyone's mad: turns out a whale can “play” the price inside Hyperliquid, punish arbitrageurs, and wipe out traders while staying untouchable. Trust in the DEX has taken a serious hit.