Suspected Market Manipulation in $30M POPCAT Long Liquidation on Hyperliquid

The assessment is "likely_true" with high confidence based on a strong consensus across multiple high-authority and relevant sources. There is no conflicting evidence among the pertinent documents.First, several reputable news outlets directly confirm the event. The Block, a highly authoritative source, explicitly reports that a "$20 million to $30 million long position in POPCAT was liquidated on the Hyperliquid platform." This provides direct, strong evidence that supports the statement's core claims regarding the asset, platform, action, and value.Second, the news reports are strongly corroborated by quantitative data. Coinglass, a respected industry data provider, shows a large long liquidation on Hyperliquid valued at $31.41 million. While the asset is not named, the value is extremely close to the $30 million figure, making it highly probable that this data point corresponds to the POPCAT event.Third, other financial news sources like FinanceFeeds and Benzinga also reported on the significant POPCAT liquidation on Hyperliquid, reinforcing the narrative. Even lower-authority sources, such as a post on X (formerly Twitter), describe the event in detail with a value of "around $30 million," maintaining consistency across the board.Finally, there is a complete lack of contradictory information in the relevant sources. The irrelevant sources concerning other assets (ASTER, FARTCOIN, MORPHO) were correctly disregarded. The cumulative weight of direct reporting from credible media, backed by corroborating financial data, makes the original statement highly truthful.