CoreWeave released its financial report, and volatility in the CRWV contract on Hyperliquid led to the liquidation of 122 addresses.

CoreWeave reported third-quarter revenue of $3.661 billion and a net loss of $709 million. The price of CRWV contracts on Hyperliquid rose from $49.23 to $54, then fell to $46.60 at 06:22, before rebounding to a high of $55.61, and is currently trading at $55.07. At 06:22, from the low point until the time of writing, at least 122 addresses have suffered losses and liquidated their CRWV positions. One address sold approximately $352,000 worth of long positions at an average price of $50.22, incurring a loss of $8,083; another address bought at an average price of $51.29 and sold at an average price of $52.43, making a profit of approximately $21,800.