Single trader just lost $220 million as ether plunged 10%

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A massive ETH liquidation on Hyperliquid led a leverage-driven wipeout that pushed total crypto liquidations past $2.5 billion in 24 hours.

source https://www.coindesk.com/markets/2026/02/01/single-trader-just-lost-usd220-million-as-ether-plunged-10

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