Selini Capital has suffered losses estimated between $15 million and $16 million on the Hyperliquid platform due to a recent market downturn. The losses were primarily attributed to the liquidation of its sub-accounts, contributing to a total liquidation amount of $50 million to $70 million. This positions Selini Capital as the 12th largest loser on Hyperliquid in the past 24 hours. The firm is also recognized for its investment in WLD.