Single Hyperliquid HYPE long hits $114.63M notional with $61.26M unrealized profit
- —Notional value of the long is $114.63 million; unrealized profit is $61.26 million
- —The position equals 6.88% of HYPE perpetual futures open interest
- —Total HYPE open interest was about $1.667 billion
- —The account's leaderboard shows a $6.95 million daily loss and $14.34 million weekly loss
Why it matters: Concentrating nearly 7% of open interest in one position raises the risk of sharp liquidations and higher HYPE volatility.
Source: TokenPost