Near $30M Ether Wipeout on Hyperliquid Stands Out as Crypto Market Sees $1B in Liquidation

A significant incident has occurred within the cryptocurrency market, where nearly $30 million worth of Ether was wiped out on the trading platform Hyperliquid. This event has garnered attention, especially as it takes place amidst a broader trend of liquidations in the crypto space, which have collectively reached a staggering total of approximately $1 billion. This surge in liquidations highlights the volatile nature of cryptocurrency trading and signals a turbulent period for investors in the market. source: https://www.coindesk.com/markets/2025/09/26/near-usd30m-ether-wipeout-on-hyperliquid-stands-out-as-crypto-market-sees-usd1b-in-liquidation