Trader Profits $2.2 Million from SK Hynix Perp Crash on Hyperliquid

Trader Profits $2.2 Million from SK Hynix Perp Crash on Hyperliquid

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A trader reportedly realized a significant gain of $2.2 million following an SK Hynix liquidation incident on the Hyperliquid platform. The team operating the market, Trade.xyz, has committed to covering losses associated with the event, while maintaining that their oracle systems functioned correctly. The profit was made while 960 other accounts faced liquidation.

A trader realized a $2.2 million gain during this week’s SK Hynix liquidation incident on Hyperliquid. Trade.xyz, the team that operates the market, will now cover losses tied to the same event. It maintains that the oracle systems performed as specified. Trader Banks $2.2 Million While 960 Accounts Get Liquidated According to Arkham, the trader,

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