Selini Capital lost $15-16 million on Hyperliquid during the market downturn

TechFlow news, October 11 — according to on-chain data, Selini Capital incurred losses of approximately $15–16 million on Hyperliquid during the market downturn. Most of these losses stemmed from liquidations of the firm's sub-accounts on the Hyperliquid platform. The total liquidated exposure of the firm is reported to have reached $50–70 million, making Selini Capital the 12th-largest loser on Hyperliquid in the past 24 hours. Selini Capital is also known to be one of the investors in WLD.