A wallet bought AVGO on the spot market during a period of no liquidity and ended up paying far above the prevailing price, according to monitoring data cited by Odaily. HyperliquidNews said the address placed three market orders to buy AVGO spot. The average execution price came in at $99,173, while AVGO was trading at $393 at the time. That put the fill price at 252 times the market price.
The trade resulted in a loss of $49,792 for the address. Odaily attributed the monitoring data to HyperliquidNews and said the related information was provided by @Versace_Trader. No additional identity details for the wallet were disclosed in the brief. The report focused on the mismatch between the executed prices and the quoted market price under illiquid conditions, with the three market orders producing a sharply distorted average entry price.
Odaily reported that, according to monitoring by HyperliquidNews, a wallet bought AVGO on the spot market under illiquid conditions and executed three market orders.
The address recorded an average execution price of $99,173, while AVGO was trading at $393 at the time. That means the fills came in at 252 times the market price. The wallet took a loss of $49,792.
The related information was provided by @Versace_Trader.
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