1.4 Billion USDC Net Outflow from HyperLiquid After JELLY Incident

Source
JH Kim

Summary

  • It was reported that 140 million USDC was net outflowed from HyperLiquid after the JELLY liquidation incident.
  • During the previous ETH whale long position liquidation event, there was a net outflow of 300 million dollars.
  • Over the past 30 days, HyperLiquid's USDC balance has decreased from approximately 2.5 billion dollars to 2 billion dollars.

According to WuBlockchain on the 26th (local time), 140 million USDC was net outflowed from HyperLiquid within hours after the JELLY liquidation incident.

During the previous Ethereum (ETH) whale long position liquidation event, there was a net outflow of 300 million dollars. Over the past 30 days, HyperLiquid's USDC balance has decreased from approximately 2.5 billion dollars to 2 billion dollars.

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JH Kim

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