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News linked to both this project and an event.

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.

“Today’s Top 1 Loss”: ETH’s Largest Long Position Incurs $88.5 Million Floating Loss—Over 5.3x the Initial Margin

According to Hyperinsight monitoring, ETH declined again this morning, briefly approaching $1,500. On Hyperliquid, ETH’s largest long position—held by the “BIT-affiliated whale”—suffered substantial losses across its four addresses, with losses exceeding $10.1 million within the past 24 hours. Its total unrealized loss has now widened to $88.5 million. Given its initial position size of approximately $16.5 million, the loss has exceeded 5.3 times the principal.

Today’s Top 1 Liquidation on-Chain: A Whale’s BTC Long Position Liquidated Again; $30.46M Liquidated in Past Three Days

According to Hyperinsight monitoring, early this morning, the short position address on Hyperliquid—dubbed the “$13M Whale”—suffered yet another liquidation after two consecutive forced liquidations, bringing its total liquidated amount to 96.39 BTC (valued at approximately $7.3 million). This whale has been the largest liquidation address on Hyperliquid for three consecutive days, with a cumulative liquidation value of $30.46 million. Details are as follows: