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About 13 hours ago, someone withdrew $3M USDC from OKX and split it across 19 wallets. Around 14:45 CET, he started longing millions worth of POPCAT, placing roughly $20M worth of buy orders at $0.21. The combined long position grew to around $30M across those 19 wallets. When he removed the 8 figs buy wall, he got liquidated on the entire $20M-$30M popcat long within seconds, causing HLP to take over the position. POPCAT then dumped further, resulting in a $4.9M loss for HLP. Hyperliquid later manually closed the position. Wallets: 0x612c3b26a1b01c3e50a91d7e1eb6ed0929cdd50f 0xb0281f80815b4e11da25d94e83eda0800b1c5765 0x2a22a55f34fa56c0065ad7af58bcc88d9b39b020 0x34e44ab9b64883c755ae075768a63702d3076fb1 0x19ea35089d5e11adc83608c9d35922f2bb8f85ea 0x049ad92bfacc446d2d2e1c3a6a06df9cefad80bb 0xc02d36ef51be98287b921965385e3d0d2f074d97 0xf576d94e6a620fed39cc86eed7cb133b249e1805 0x972691c21f16370bbd60e47cccb7d83e162587f2 0xa5748e571e6985edd9e657988ecb59bf8d4fe827 0x88f77bd33c12206aff364f347607315386ba713d 0x0767d84e423bf86dbc755eeda6b1ea6cee3f834a 0x5b3eec9baf85d37249ecdfdf458ce5f4b1e1ad55 0xc2350a8b2059796f2d5f38adca2571899103305 0xb5b5f6b75b770d4c5a815ff259672a22c2058227 0x4f6b4cd5133cfda7351c55a10f1376d4c965320a 0xe7f47c2679c02ce11436a040a6164385a66e6b87 0xc6e5be0973c9d89ed15522c949f111b0889e5338 0xa19d942e01df8a38b251297f755d5326931130ea This was clearly a deliberate attempt to mess with HLP /Hyperliquid. No one loses $3M in seconds just by being stupid or careless. The Arbitrum bridge is temporarily paused, but other deposits and withdrawals are unaffected. The issue should be resolved soon.