NewsHyperliquid
Papertrade Price Manipulation Explained: How One Trader Took $1.28 Million From a 1,000x Exchange by Moving Hyperliquid's ETH Price (2026)
A trader made about $1.28 million on the new 1,000x exchange Papertrade by moving Hyperliquid's ETH midpoint, the price Papertrade uses for every trade; here is how it worked and what traders should check.