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

The recent cryptocurrency market upheaval has resulted in the largest liquidation event ever recorded, which has unfortunately led to the complete wiping out of approximately 6,300 wallets on the trading platform Hyperliquid. This unprecedented occurrence highlights the extreme volatility and risks associated with cryptocurrency trading, as many investors have seen their funds vanish in a matter of moments due to sharp market fluctuations and unprecedented sell-offs. source: https://www.coindesk.com/markets/2025/10/11/largest-ever-crypto-liquidation-event-wipes-out-6-300-wallets-on-hyperliquid