PANews reported on October 9 that according to MLM monitoring, a Hyperliquid whale wallet closed out a HYPE long order worth $16 million and sold 100,000 HYPE (about $4.4 million) about 11 hours ago. The reason seems to be that its private key was leaked, resulting in the account being completely emptied: about $17 million in funds were stolen from its Hyperliquid account; another $3.1 million in assets deposited in the Plasma Syrup Vault (liquidity pool) were also stolen. After the attack, the hacker transferred all stolen assets, exchanging the stolen USDC for DAI and transferring it to two new wallets, where the funds are currently stored: The hacker also transferred MSYRUPUSDP worth $3.11 million to another new wallet.PANews reported on October 9 that according to MLM monitoring, a Hyperliquid whale wallet closed out a HYPE long order worth $16 million and sold 100,000 HYPE (about $4.4 million) about 11 hours ago. The reason seems to be that its private key was leaked, resulting in the account being completely emptied: about $17 million in funds were stolen from its Hyperliquid account; another $3.1 million in assets deposited in the Plasma Syrup Vault (liquidity pool) were also stolen. After the attack, the hacker transferred all stolen assets, exchanging the stolen USDC for DAI and transferring it to two new wallets, where the funds are currently stored: The hacker also transferred MSYRUPUSDP worth $3.11 million to another new wallet.

A Hyperliquid whale's private key is suspected to have been stolen, resulting in losses exceeding $20 million.

2025/10/09 21:13

PANews reported on October 9 that according to MLM monitoring, a Hyperliquid whale wallet closed out a HYPE long order worth $16 million and sold 100,000 HYPE (about $4.4 million) about 11 hours ago. The reason seems to be that its private key was leaked, resulting in the account being completely emptied: about $17 million in funds were stolen from its Hyperliquid account; another $3.1 million in assets deposited in the Plasma Syrup Vault (liquidity pool) were also stolen.

After the attack, the hacker transferred all stolen assets, exchanging the stolen USDC for DAI and transferring it to two new wallets, where the funds are currently stored: The hacker also transferred MSYRUPUSDP worth $3.11 million to another new wallet.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like