Has anyone considered the possibility of a conspiracy regarding HYPE's loss of $5 million last night? Withdrawing 3 million long Popcat from 19 wallets resulted in a flash crash of a $28 million position, forcing Hyper's treasury to take over the order and incur a loss of $5 million Although the entire incident was caused by human factors and has nothing to do with platform security, it is still a heavy blow to @ HyperliquidX, with the most obvious manifestation being the drop in coin prices This kind of operation of killing enemies for 500 and self harming for 300 cannot be seen as ordinary bystanders and retail investors. No user would do things that harm others and do not benefit themselves under huge losses. It can only be done by professional institutions Who will benefit the most from doing this? Undoubtedly, it is Hyper's competitor. Looking at the perpDEX in the market, the biggest competitor I can think of is @ binance's handmade ASTER Binance's spot market has never had HYPE, so Big Brother couldn't afford it and created his own leader. As for the strongest market competitors, hostility gradually became natural Binance definitely has the strength to do this. With just a loss of 3 million, it can suppress the leader and then promote its own platform. The future benefits it can bring are unlimited. It may seem like a small loss, but in reality, it is a big profit! The above is a conspiracy theory based on personal speculation about this incident, without any real evidence, for reference only. I still hold a position in ASTER, and the means of market competition are always cruel and not legitimate. If CZ really uses this method to turn ASTER into a leader, it would be amazing!