‘Largest Ever’ Crypto Liquidation Event Wipes Out 6,300 Wallets on Hyperliquid

The sell-off erased over $1.23 billion in trader capital on Hyperliquid and $19 billion across the crypto market in a 24 hours.

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💬 DMK Insight

**DMK Insight:** The recent sell-off, wiping out over $19 billion in the crypto market, underscores the volatility inherent in digital assets. For traders, this serves as a stark reminder of the importance of risk management and the need to stay informed about market sentiment. As we navigate these turbulent waters, investors should consider diversifying their portfolios to mitigate potential losses during such unpredictable downturns.