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Time Details
2025-03-26
14:30
Analysis of Hyperliquid Vault's Depositor Situation

According to @ai_9684xtpa, the top 10 deposit addresses contribute 15.9% of Hyperliquid's vault funds, approximately $36.7 million. If these major depositors withdraw due to panic, it could lead to a negative feedback loop, accelerating the vault's liquidation. Current deposit and withdrawal records indicate some funds are already being withdrawn, though the amounts are small, suggesting retail investor activity.

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