Hyperliquid Hit Again After Coordinated Wallets Pump FARTCOIN 20% and Trigger Vault Losses

Coordinated wallets allegedly pushed FARTCOIN up 20% in under four hours, forcing Hyperliquid’s HLP vault to absorb the opposing side in thinning liquidity. PeckShieldAlert said the traders built a $15 million long across four wallets, triggered liquidations, and left HLP down about $1.5 million.

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