Hyperliquid Short Squeeze: Unveiling a $16 Million Millionaire’s Story

The cryptocurrency world has always been known for its dramatic price swings, but the recent events on Hyperliquid took things to a whole new level. A single, savvy whale-sized investor orchestrated a colossal short squeeze that sent two tokens, XPL and WLFI, soaring by over 200% in mere minutes. This wasn’t just a quick pump; it was a fascinating example of how high leverage on platforms like Hyperliquid can amplify both profits and losses.