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GUSD Minting
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"10.11 Insider Whale" was fully liquidated on Hyperliquid, with a single liquidation exceeding $700 million.
Mars Finance reports that according to MLM monitoring, “1011 Insider Whale” Garrett Bullish (@GarrettBullish) was fully liquidated on Hyperliquid, with a single liquidation exceeding 700 million USD. Data shows that over the past two weeks, his cumulative loss on Hyperliquid is approximately 270 million USD. On-chain records also indicate that since he started trading with this account in early October 2025, Garrett Bullish’s historical cumulative PnL has lost over 128 million USD.