The $67M Hype Short That Went Boom.

By Maxime Laurent · 2025-11-27 09:29

The $67M Hype Short That Went Boom.
Massive coordinated short unwound as Hyperliquid caught the attacker.

Onchain sleuths spotted a cluster of 55 wallets that had been shorting $HYPE since November 22, pushing the price down ahead of an expected unlock. Classic setup, classic pressure… until the community said allez hop and flipped the entire market against them 😅

When Hyperliquid traders rallied and momentum reversed sharply, the oversized short simply couldn’t survive. And just like that — a $67M liquidation. Brutal, but honestly? Beautiful market justice. That’s the thing with crypto: try to bully a community with size alone, and sometimes the crowd pushes back harder.

Down here by the sea, I couldn’t help but grin — this space still rewards conviction over manipulation.

#HYPE #hyperliquid #crypto #trading #liquidation #onchain
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