The decentralized derivatives trading platform Hyperliquid recently discovered that approximately 100 entities holding over 27,000 addresses attempted to acquire disproportionate rewards through large-scale and systematic behavior. To maintain fairness, Hyperliquid has decided to impose a penalty on these addresses, with rewards being multiplied by either 2% or 20% based on the scale of the witch activity. These addresses will be marked as 'witch activity detected' on the rewards page.

In terms of rewards distribution, Hyperliquid allocated 8 million points for the activities in May, while 8.4 million points were allocated for the activities in early October and November, bringing the total rewards to 57.9 million. 🔍📊