Hyperliquid $SKHX Plummets 17.9% on Hynix Glitch, Three Addresses Profit $6.958M via ADL

HYPE-8.19%

According to on-chain analyst Ai 姨, Hyperliquid's $SKHX token plummeted 17.9% this morning after a Hynix stock trading glitch in South Korea triggered a 30% price collapse and trading halt. The flash crash liquidated $4.726M in positions across the platform, with liquidation volume briefly exceeding Binance levels.

Three addresses were forced into position closures via ADL (Auto-Deleveraging) at the market lows, collectively profiting $6.958M as prices recovered: address 0xd04...3ecad gained $2.185M, 0xcaf...a7b3b gained $2.55M, and 0x84a...f4d37 gained $2.223M on their short closures.

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