Markets· ★★· bearish·

Largest Starknet long on Hyperliquid sits at $1.02M unrealized loss

  • —Top long: 64.2M STRK worth $4.25M at 5x cross leverage, down $1.019M
  • —STRK perpetual price on Hyperliquid at $0.0665, about -13% on the day
  • —Second address liquidated: 21.36M STRK, $207,000 realized loss
  • —That address reopened a 4.79M STRK long at 5x isolated leverage
Why it matters: The sharp STRK drop is flushing out overleveraged longs on Hyperliquid, potentially adding further selling pressure on the token.
#STRK
Source: TokenPost
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