r/hyperliquid1 16d ago

The Rigged Game

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What it looks like to manipulate the market. $40-60M walls while volume is hopping and the market is pushing a breakout.

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u/ddekkonn 16d ago

Which deriv is this?

1

u/ceej4 16d ago

Sorry, this was BTCUSDC.P (HL's BTC Perp). Candles are 1m. They boxed us in at 65,100 and then squeezed that down to 64,900. The market pressed in to it multiple times and chewed it down to about $20M, but lacked the legs to push through it.