Fartcoin Crypto Pump and Dump Hurts Hyperliquid: Coordinated $1.3 Million Drain?

Hyperliquid is bleeding again. Allegedly, a cluster of coordinated crypto wallets drove FARTCOIN up by 20% on Hyperliquid in under four hours, then weaponized the platform’s own liquidation mechanics against it. How much did Hyperliquid’s liquidity vault actually lose, and is the platform structurally vulnerable to this playbook?On-chain data flagged two linked wallets that accumulated an eight-figure not…