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KAITO Drops 67.3% in Half a Month, Two Addresses Accumulate $2.874 Million in Losses on High-Leverage Long Positions

According to monitoring by on-chain analyst Ai Yi (@ai_9684xtpa), the KAITO price has continued to retreat after touching a phase high of $1.3764 on July 29, most recently falling to approximately $0.45, marking a cumulative decline of 67.3% over half a month. Additionally, two long position addresses opened on Hyperliquid on August 3 with a combined total of $6.94 million at 5x leverage have now been stopped out separately, resulting in a cumulative loss of about $2.874 million. The market is watching whether the previous drastic volatility surrounding KAITO is coming to an end.

Four addresses have accumulated a total of 8.36 million KAITO, worth $8.51 million; Hyperliquid's TOP1 long position was closed with a loss of $994,000

According to on-chain analyst Ai Yi's monitoring, the top-ranked KAITO position on Hyperliquid has been closed. An address (0x98c…3bc15) closed its long position of 2.24 million KAITO at 03:10 today, incurring a loss of $994,000, with an entry price of $1.05 and a stop-loss price of $0.67. Meanwhile, the second-ranked position, which was opened at a similar time, has not yet been closed and is currently facing an unrealized loss of $2.227 million. The suspected KAITO market-making address (0xF1f…60b14) withdrew 1.91 million KAITO from Coinbase 10 hours ago, valued at $1.32 million. Currently, four addresses have accumulated a total of 8.36 million KAITO from exchanges, with a total value of $8.51 million, at an average price of $1.01.

Cumulative unrealized loss of $1.17 million — Hyperliquid KAITO TOP1 position address adds 1.953 million USDC as margin

Odaily News — According to on-chain analyst Ai Yi's monitoring, the address holding the TOP1 KAITO position on Hyperliquid has added margin. The two addresses currently show a cumulative unrealized loss of $1.17 million. On August 3, two new addresses opened 5x long positions totaling $6.94 million amid the price decline, with entry prices of $1.1178 and $1.1117 respectively. One of the addresses added 1.953 million USDC as margin half an hour ago — it remains unclear whether this move was intended to reduce liquidation risk or to increase the long position.

Floating loss of $991K, two new addresses hold the top two largest KAITO positions with 5x leverage

Odaily News: According to on-chain analyst Ai Yi's monitoring, two new addresses opened a combined $6.94 million long position on KAITO with 5x leverage on Hyperliquid in the early hours of today, with a position size of $7.106 million, making them the TOP 1 and TOP 2 largest KAITO positions. The margin source for both is OKX. KAITO has fallen nearly 20% in the past 24 hours, and these two addresses are currently facing a floating loss of $991K.

In 4 days, 6 wallets withdrew 4.452 million KAITO from Binance, worth $5.61 million

Odaily reports, according to on-chain analyst Yu Jin monitoring, in the last 4 days, 6 wallets have withdrawn 4.452 million KAITO from Binance to the chain, worth $5.61 million. During the same period, the KAITO price rose by 35%, from $0.93 to $1.26. Extending the timeline to one month, the KAITO price has increased by 193%, rising from $0.43 to $1.26.