Lookonchain reports that a trader lost over $45 million in just 40 days on Hyperliquid, with the remaining funds withdrawn to Crypto.com.
A trader on Hyperliquid suffered losses of $45.3 million over 40 days, marking the platform's biggest loss to date. After liquidating positions, the trader withdrew the remaining $450,000 to Crypto.com, highlighting the volatile nature of leveraged trades on decentralized exchanges.