Seven well-known traders lost tens of millions of dollars on the HyperLiquid platform, completely wiping out previous record profits — the reason was risky positions with high leverage:

🔴 Machi Big Brother: from +$44.8 million to −$14.9 million.

🔴 Trader with a series of 14 successful trades: from +$33 million to −$30.2 million.

🔴 James Wynn: from +$87 million to −$21.9 million.

🔴 Aguila Trades: from +$41.7 million to −$37.6 million.

🔴 Gambler: from +$26 million to −$28.8 million.

🔴 Anonymous trader: loss of over $45 million — the largest case.

🔴 Low-stack degen: from $125 000 to $43 million in profit and back into the negative at $180 000.

Stories show how quickly the market liquidates even the most successful players when excessive leverage is at stake.