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Lighter responds to "HYPE Flash Loan Order Book Data": It is attributed to a rogue bot and did not trigger liquidation, with on-chain data remaining unchanged
BlockBeats News, October 28th: Regarding the abnormal price fluctuation in the HYPE market early this morning, Lighter stated on the X platform: "An out-of-control bot flooded the HYPE order book with a large order, but this did not trigger forced liquidation or any other negative effects. The trade was executed at an extremely high price level with very low volume, creating a long upper shadow that caused issues with chart scaling. As a result, this data has been removed from the front-end interface. It is important to emphasize that on-chain data has not been altered and cannot be altered; users can view it on a blockchain explorer. Since we operate the primary front-end interface, we will present the chart in a way that is most helpful to traders; however, other front-ends built on Lighter can choose different display methods."
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