According to @EmberCN, the address linked to @AguilaTrades was liquidated around 2:00 a.m., leaving roughly 30,000 dollars remaining, signaling a complete wipeout of capital for that account style, source: @EmberCN on X, Aug 15, 2025. The post adds that multiple whale traders using similar tactics—starting leverage around 20x and frequent position rolling—have now been fully wiped out, source: @EmberCN on X, Aug 15, 2025. It further reports that @JamesWynnReal had about 87 million dollars in profit by late May but later gave it all back and is now down approximately 21.77 million dollars of principal, source: @EmberCN on X, Aug 15, 2025. The update highlights elevated liquidation risk for high-leverage, compounding strategies in crypto perpetual futures, particularly during overnight hours when the liquidation occurred, source: @EmberCN on X, Aug 15, 2025.

According to @phantom, Phantom Perps are not available in all regions, so users should verify eligibility before attempting to trade; source: @phantom, Aug 14, 2025. The notice states that trading perpetual futures carries significant risk and may not be suitable for all users; source: @phantom, Aug 14, 2025. The communication clarifies the product is not intended for UK audiences; source: @phantom, Aug 14, 2025.

According to @ThinkingUSD on Twitter, Bloomberg highlighted Hyperliquid, a crypto derivatives platform, noting its potential to deliver equity-like rates of return for traders. The platform's underlying assets are primarily perpetual futures contracts on major cryptocurrencies such as Bitcoin and Ethereum, which are supported by deep on-chain liquidity and automated market-making protocols (source: Bloomberg via @ThinkingUSD, May 14, 2025). Revenue for Hyperliquid is derived from trading fees on leveraged products and liquidity provision incentives, which enables the platform to offer attractive yields and maintain high trading volumes. This model positions Hyperliquid as a key player for traders seeking equity-level returns in the digital asset market, impacting overall crypto market liquidity and volatility.