BE CAREFUL WHEN Short HEDGE ON HYPERLIQUID Last night it looks like someone spent a large amount of money to kill Longing (or open BIG Longing) on projects like $WLFI and especially $XPL on Hyperliquid. In a very short period of time: - $XPL skyrocketed to nearly $2 - $WLFI spiked to $0.41 According to Coinglass, there has been around $19 million liquidated on Hyperliquid (in the last 12 hours) but it is not possible to determine how much was liquidated by users Longing $XPL or $WLFI. This raises alarm bells for: 1⃣ Short Hedge I often use Short Hedge to sell Airdrop or Arbitrage at the price I want to close the profit, the most recent case is $PUMP. At that time, I also pumped the armor quite a lot to the liquidation price of x3 compared to the entry. However, through the case of $XPL $WLFI, my perspective is more different, especially in risk management and reasonable Capital flow coordination. Short x1 is not the safest... 2⃣ Auto Short I know many people have a Short Pre Market strategy and will close the profit when the project TGE. However, through this story, we can see that Auto Short a project before TGE also has many risks surrounding it & this is not a strategy with a high winning rate. Through this story, although no money is lost, the next Short Hedges may have to change locations or reduce trading Volume to have armor at the highest possible entry level...

STOP PLAYING HYPERLIQUID $XPL continues to increase while other exchanges do not have strong fluctuations. Behind the events today and yesterday, there is a group of teams using money to profit (rumored to have Justin Sun's participation). After this time, I think there is no Hedge platform on Hyperliquid. Not Hyperliquid but HyperLiquidation, guys!