Arthur Hayes, co -founder of Bitmex, has formed the future of Hyperleliid after his last decision deleted the gel from its platform. The move came after the permanent future contracts Dex revealed the suspicious market activity, which led to significant financial losses.
The series of events that led to Hayez’s suspension of the liquid hyper, which is a permanent central exchange, has begun to delete the jellyjelly after a series of suspicious commercial activities to losing the liquid of the liquid more than $ 10 million, with a threat to liquidation.
The noise is $ It cannot be dealt with Jelly $
Let’s stop
Then he stopped pretending to be traders in fact giving the curse
I bet The noise is $ Again where it started in a short time because Degens will work on Degen
Cryptohayes March 26, 2025
Alert
According to transactions on the series Lokonchain cited it On X (formerly Twitter), the Pisces address, 0xde95, with 124.6 million jelly ($ 4.85 million) with the market processing by throwing its gelatinous symbols, which led to the liquidation of $ 4.5 million. This led to his short position in Al Jelly, $ 5 million on the gel.
A huge whale with 124.6 meters Jelly $(4.85 million dollars) addresses the price Jelly $(Jellyjelly) to make the HLP provider face a loss of $ 12 million!
He was first thrown Jelly $The price is broken and the HLP was left with a negative short center of 398 meters Jelly $(15.3 million dollars).
Then bought … pic.twitter.com/kyckshv4rl
– Lookonchain (@swearonchain) March 26, 2025
While all this was happening, opening a new wallet address, 0x20E8, a long position on the gel. The whale bought gels, which increases prices and causes serious losses to the liquid. This market pressure causes my generation to increase by 230 %, which raises fears that if its ceiling in the market reaches 150 million dollars, Hyperleibiid may face a full filter.
Looking at the imminent threat of liquidation and unusual market activity, liquid height closed all PERPS, seat and filtering the gel symbol at $ 0.0095 per code. Then the reformers in Hyperleliid voted to delete the gel from the platform. According to what DEX achieved profits of about $ 700,000 of the exercise.
in Announcement on xHyperleiid mentioned that the users who invested in the distinctive symbol will be compensated.
“All users will be made regardless of the fully marked addresses of Fyle Foundation. This will be done automatically in the coming days based on Onchain data. There is no need to open a ticket. The methodology will be shared in detail in a later advertisement.”
The noise code $ Dex got a blow, decreased by 20 %. The distinctive symbol found a small comfort after discouraging the gel from Dex.
Two of the leading central coding derivatives in exchange, OKX and Binance announced They will include my generation in their permanent future market (PERPS).
The data also showed that most of the money used to open the parking that attacked the excessive liquid from OKX and Binance. These measures led to questions about the intention of central exchanges, as some users claim that they are outside to see the end of Hyperliquid in a FTX -like way.
Criticism of the removal step
Gressy Chen, CEO of Bitget Company shared it Opinion on this issueCriticism of the way in which the liquid excessive deal of this issue is treated. According to Chen, the handling is immature, immoral and non -professional. She said that the actions of the platform led to the losses of users and raised serious questions about her safety.
The CEO said that the procedure places a dangerous precedent, adding that confidence is impossible to restore any confidence, whether central or decentralized, when lost.
Chen pointed out some of the defects of the product design in the arterial system, saying that if they are not repaired soon, similar measures will continue to the case of gel in weapons against liquid hyperplasia, which puts it on the way to become the next FTX.
Bitget CEO is not alone in her ideas, as this drama led to various reactions from the ecosystem for encryption in general.
Arthur Hayes The imminent imminent feelings of the hypothetical death were echoed in a post on X, where he claimed, “The noise cannot deal with a $ gel.” He also called on people to stop pretending that excessive fluid is not central, adding that merchants do not care if the platform is central or decentralized.
“I bet that the noise is returned as it started in a short time causing Degens to lead to Degen,” added the co -founder of Bitmex, a central exchange.
Response to Hayes, another X user, KylereidheadShe said, the owner of the Milk Road Street, Degens does not care about decentralization, and they are interested in trading around the clock throughout the week, a service provided by Hyperileviid. The main traders are not interested in decentralization, they are concerned with ease of use. He added that he does not think that this means that decentralization does not matter, but for most people, it does not matter whether the platform is decentralized or not.
A large part of the users and encryption dealers has been in condemnation of the Hyperliviid step to the gel, calling for the market to determine the fate of the platform due to its decentralized nature. Others call dual standards in view of the speedy response of the auditor, which reminds us of how to respond to the central exchange, and thus describes the platform as a central platform that pretends to be decentralized.
“Technical improvements will be made, and the network will increase stronger as a result of the lessons learned,” he said. He added that he will share more details soon.
The situation continues to appear, with the liquid terrorist response under scrutiny and wider anxiety over the integrity of decentralized exchange in the ecosystem for encryption.
Cryptopolitan Academy: Do you want to develop your money in 2025? Learn how to do this with Defi on our next electronic performance. Keep your place
