Home BlockchainGold, Silver Liquidations Spike on Hyperliquid Amid Trading Frenzy

Gold, Silver Liquidations Spike on Hyperliquid Amid Trading Frenzy

by Vivek Kumar
0 comments
Gold, Silver Liquidations Spike on Hyperliquid Amid Trading Frenzy

In brief

  • Liquidations tied to precious metals surged on Hyperliquid.
  • The wave coincided with a 12% swing in silver prices.
  • An analyst said Hyperliquid is riding on “the hot ball of money.”

Hyperliquid users are no stranger to crypto’s volatility, but a significant portion of liquidations on the decentralized exchange (DEX) were tied to gold, silver, and copper on Thursday.

Combined, perpetual futures markets for the precious metals accounted for $71 million worth of forcibly closed positions over…

You may also like

Leave a Comment