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News

Hyperliquid Criticized for Alleged Indifference to Market Manipulation

2 mins mins
Key Points:
  • ZachXBT’s concerns highlight potential price manipulation on Hyperliquid.
  • Community demands for greater transparency from the platform.
  • Calls for adapting traditional financial regulations to the crypto environment.

Hyperliquid is under scrutiny after ZachXBT criticized the platform for allegedly allowing price manipulation. Users are questioning the robustness of its security measures.

Hyperliquid has faced increasing market pressure due to these allegations. Market observers have pointed out the potential risks associated with such unchecked activities, urging for stronger security protocols and market oversight.

Potential Impact on Crypto Market Security and Regulation

According to CoinMarketCap, Hyperliquid (HYPE) trades at $14.47, with a market cap of $4.83 billion and dominance at 0.17%. The fully diluted cap stands at $14.47 billion. Trading volume surged 377.19% in 24 hours, though prices fell 10.87%.

Did you know? ZachXBT’s criticism aligns with past concerns about cryptocurrency platforms’ vulnerability to manipulation and hacking, reminiscent of prior high-profile security breaches in the crypto industry.

“When a whale shorts over $450 million in BTC and wants a public audience, it’s only possible on Hyperliquid. Anyone can photoshop a PNL screenshot. No one can question a Hyperliquid position, just like no one can question a Bitcoin balance. The decentralized future is here.” – ZachXBT, On-Chain Investigator

Challenges and Future Considerations

Did you know? ZachXBT’s criticism aligns with past concerns about cryptocurrency platforms’ vulnerability to manipulation and hacking, reminiscent of prior high-profile security breaches in the crypto industry.

COINCU research highlights potential challenges for Hyperliquid in regaining trust amid community concern. Experts predict potential ramifications, including regulatory scrutiny, and emphasize developing robust mechanisms to deter illicit activities within decentralized finance like limited crypto trading.

hyperliquid-daily-chart-2
Hyperliquid(HYPE), daily chart, screenshot on CoinMarketCap at 16:55 UTC on March 26, 2025. Source: CoinMarketCap

Experts predict potential ramifications, including regulatory scrutiny, and emphasize developing robust mechanisms to deter illicit activities within decentralized finance.

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Avatar of John Kojo Kumi

John Kojo Kumi

26 March 2025, 16:59:33 GMT +0000

John Kojo Kumi is a cryptocurrency researcher and writer specializing in emerging startups, tokenomics, and market dynamics within the blockchain ecosystem. With years of experience in crypto journalism and blockchain research, he provides in-depth coverage of decentralized finance (DeFi), NFTs, and Web3 innovations.

He holds a Bachelor of Arts in Geography and Rural Development from Kwame Nkrumah University of Science and Technology, Kumasi, bringing a multidisciplinary perspective to the evolving digital asset space. As a Crypto News Writer, he tracks and reports on industry trends, while his role as a Registrar at the Commission on Human Rights and Administrative Justice reflects his commitment to governance and transparency.

His expertise spans content strategy, SEO optimization, and technical research, enabling him to craft insightful, data-driven analyses. Passionate about blockchain’s transformative potential, he strives to equip readers with the knowledge to navigate the complexities of digital assets and decentralized technologies.

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