Hyperliquid Weekend Volatility and $MU Flash Crash
Hyperliquid saw abnormal weekend price action with $MU collapsing and allegations of weekend market manipulation circulating across crypto Twitter.
What we know
An account on X RTed footage of $MU on Hyperliquid going 'through the floor,' while another account on X noted people are 'so nervous they're raping it on the weekend' — implying coordinated weekend manipulation. Another account on X added color noting 'you know it's getting spicy on a Saturday when candles touch the volume bars,' referring to a flash crash event on another account on X. This follows a broader theme of unusual weekend market conditions.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.