Hyperliquid clarified the issue of user long positions on the X platform 0xf3f4, stating that there was no vulnerability or hacker attack. The decrease in margin due to unrealized profit and loss led to liquidation. HLP has lost approximately $4 million in the past 24 hours, with a total profit and loss of approximately $60 million. The maximum leverage for BTC and Ethereum has been updated to 40x and 25x respectively, increasing the maintenance margin requirement for large positions and reducing the risk of liquidation.

The Hyperliquid platform has confirmed the ETH long Position issue for user 0xf3f4, and pointed out that it is not a protocol vulnerability or Hacker attack, but rather Margindrop liquidation caused by user withdrawal. The user ultimately made a profit of $1.8 million, while HLP suffered a loss of approximately $4 million. The platform has adjusted the maximum leverage for BTC and ETH to increase the maintenance requirements for large Holdings, ensuring better buffering.

According to the latest PnL data, most TRUMP Token holders are at breakeven or have profits/losses of less than $1,000. Since the launch of TRUMP, Circle has issued an additional 3.5 billion USDC, mainly on Solana, driving the market value of USDC to exceed 51 billion for the first time since 2022.