US EditionA $145 million FARTCOIN bet triggered $51 million in liquidations and a 50% token crash
12 Articles
12 Articles
A $145 million FARTCOIN bet triggered $51 million in liquidations and a 50% token crash
The liquidation was so large relative to the order book that Hyperliquid's auto-deleveraging mechanism activated, forcibly closing profitable short positions on the other side of the trade to prevent the system from accumulating bad debt.
BREAKING: Fartcoin Crashes 23% To $0.18 In Sharp Meme Coin Selloff
April 9, 2026 – Fartcoin (FARTCOIN) has experienced a dramatic 23% price decline in the past 24 hours, dropping to $0.182607 as of 22:36 UTC, according to market data. The meme coin’s market capitalization has fallen to $182.9 million, down from approximately $231 million, representing a loss of $48 million in value. Trading volume surged to $151.6 million over the same period, indicating heightened market activity during the selloff. Price Acti…
Key news points: Coordinated Wallets would have driven FARTCOIN 20% in less than four hours, forcing Hyperliquid’s HLP to absorb the counterparty in a weak liquidity environment. PeckShieldAlert indicated that traders built a long $15 million position in four Wallets, activated settlements and left HLP with losses close to $1.5 million. The same Wallets had already been linked to a similar squeeze in XPL, which reinforces doubts as to whether co…
What to remember: The HLP vault of Hyperliquid lost $1.5 million in a suicide attack liquidation on Fartcoin on 9 April 2026. An attacker accumulated $15 million in long positions on 4 portfolios before voluntarily triggering its liquidation. The ADL mechanism forced the HLP vault to inherit irrecoverable debt, dropping its value by $3 million. $1.5 million evaporated in 24 hours The HLP vault of Hyperliquid lost $1.5 million on 9 April 2026 dur…
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
