Bitcoin the leading cryptocurrency by market value, experienced a brief flash crash at 7:34 UTC on Hyperliquid, plunging from $83,307 to $80,255 in a minute only to rebound just as quickly to $83,000.
During this interval, Hyperliquid saw five accounts liquidated, each worth $10 million, with the largest liquidation amounting to $36.78 million, according to data shared by BlockPulse.
On other centralized platforms, the slowdown was significantly less severe, with lows remaining well above $81,000.
