According to BlockBeats, on March 13, Bybit Lianchuang and CEO Ben Zhou posted on social media about his views on "large-scale liquidation of giant whale ETH positions on Hyperliquid" and said: “This ultimately sparked discussions about leverage, DEX and CEX providing low or high leverage capabilities. What's essentially happening is a giant whale exiting using Hyperliquid's liquidation engine. In the case of large amount of funds + high leverage, it is difficult to exit quickly, and the market order will have huge slippage. If you try to withdraw floating profit funds to push high-definition prices, and after triggering liquidation, Hyperliquid will take over the entire position at the liquidation price, you can get away smoothly. Hyperliquid is the one who suffers the loss. In this case, CEX and DEX face the same challenge, and Bybit's liquidation engine will also take over the entire position when the giant whale is liquidated. Currently Hyperliquid has lowered overall leverage, which is one method and probably the most effective method, but this will hurt the business as users want to open higher leverage. In addition, Hyperliquid can also consider deploying tools such as dynamic risk limiting mechanisms: as positions grow larger, the overall leverage decreases according to the size of the position. In CEX, the opening volume of this giant whale will drop to about 1.5 times. However, this does not solve the problem if the user uses multiple accounts (no KYC, extremely low cost to open an account) to achieve the same goal. Then this leads to whether DEXs really want to maintain high leverage over the long term and avoid this problem, they may need to deploy many CEX-level risk management measures such as market monitoring to detect abusers and market operators, OI restrictions to control overall OI and so on. Even if Hyperliquid currently reduces leverage (BTC to 40x, ETH to 25x), it is still possible to be abused.