💰💰Hackers Are Wandering on the Leading Altcoin Platform: Panic Created, Price Dropped! 💰💰

The HyperLiquid platform is facing security concerns due to test transactions by hackers with links to North Korea, while the HYPE token experienced a sharp decline.

The commercial activities of hacker addresses with links to North Korea caused serious losses on HyperLiquid. According to the latest data, these hacker addresses lost more than $700,000 from the transactions they made on the platform.

North Korea-Linked Tests Cause Concerns

According to a report by hacker tracking company Taiwano, an address with links to North Korea deposited 476,489 USDC by trading Ethereum on the HyperLiquid platform. However, the position was liquidated with the decrease in ETH prices, and the hacker lost $458,000. Such transactions increased concerns that the platform could be a potential target. According to Hashed Official data, more than $60 million in USDC was withdrawn from the HyperLiquid platform in just one day.

HyperLiquid's Decline

HyperLiquid, which holds more than 50% of the $8.6 billion daily on-chain transaction volume, maintained its leadership despite these events. However, after the tests in question, the HYPE token price dropped from $34.29 to $25.77, causing panic among traders. Analysts state that the tests originating from North Korea created additional selling pressure on the HYPE token.

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