Hyperliquid official response: Large Investors ETH longs Get Liquidated is not a Hacker attack, the maximum leverage for BTC and ETH has been adjusted

Foresight News reported that Hyperliquid stated that the discussion regarding user 0xf3f4's ETH long positions was not due to a protocol vulnerability or Hacker attack. The user withdrew Margin without realizing profit, which dropped their margin level and led to liquidation, resulting in a profit of approximately 1.8 million US dollars. In the past 24 hours, HLP (Hyperliquid Liquidity Provider) has incurred losses of about 4 million US dollars, but their total historical profit remains at around 60 million US dollars. The official emphasized that HLP's strategy is not risk-free. Meanwhile, the platform has updated the maximum leverage for BTC and ETH to 40x and 25x respectively, increasing the maintenance margin requirements for large positions and providing better cushioning for the liquidation of large positions.