On April 9, 2026 a trader using four coordinated wallets opened a 145.24M FARTCOIN (~$15M notional) leveraged long on Hyperliquid that was forcibly liquidated. The position briefly pumped FARTCOIN ~19–27% then reversed and was wiped within ~3 hours. The attacker incurred an on‑chain loss of $3.02M; Hyperliquid’s community HLP vault realized roughly $1.5M in losses via Auto‑Deleveraging (ADL), while two short wallets captured about $512K and $337K (~$849K total). Analysts flagged the event as a deliberate “suicide liquidation” exploiting thin perp liquidity and ADL, and suspect the same actor behind a prior XPL manipulation.

Facts from the summary: a coordinated ~145.24M FARTCOIN (~$15M) leveraged long was forcibly liquidated after pumping ~19–27%, causing an on‑chain attacker loss of $3.02M; ADL transferred roughly $1.5M in realized losses to Hyperliquid’s HLP vault and two short wallets received ~$512K and ~$337K (~$849K). Analysts labelled it a deliberate “suicide liquidation” exploiting thin perp liquidity and ADL.