Ethereum Trade on Hyperliquid Stands Out as Largest Amid $1B Crypto Liquidations
A $29.1 million ETH-USD long liquidation on Hyperliquid highlighted the rising influence of decentralized perpetual exchanges amidst a broader $1.19 billion in crypto liquidations. Almost 90% of the liquidated positions were long, impacting over 260,000 traders and reflecting a bullish market sentiment that led to overcrowding in