BlockBeats news. April 3, according to Hyperinsight monitoring, due to the Drift stolen-funds incident message continuing to escalate, along with the fact that Jupiter’s official account previously stated that “the platform was not affected by this incident.” Some funds may have fled directly via Jupiter or routed through Jupiter. In the short term, trading volume rose, pushing JUP up 3.1%; at one point, the high broke above $0.16.
During this period, on Hyperliquid, a whale starting with 0x8b0 completely stopped out and closed its JUP short position within half an hour, recording a loss of about $33.7k. The position was closed at an average price of $0.1625. Previously, its size had reached $1.22 million, making it the largest short whale on the platform.
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