Markets
Papertrade Trader Extracts $1.28 Million Through Ether Price Trades
TokenPost·October 12, 2026·1 min read
A Papertrade trader extracted $1.28 million by moving Ether prices on Hyperliquid while holding highly leveraged positions. The platform responded by tightening open-interest limits after the activity, aiming to curb similar market manipulation and protect other traders from price distortions.
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