Markets· ★★· neutral·

LITE and AAOI perpetual futures jump 9% on Hyperliquid as open interest falls

  • —LITE gained 9.53% to $823.43; AAOI rose 9.91% to $72.401
  • —LITE open interest fell to $5.83 million from $7.47 million (-21.97%)
  • —AAOI open interest dropped to $3.65 million from $5.58 million (-34.61%)
  • —Two large accounts closed longs for about $2.61 million in profit
Why it matters: Rising prices with falling open interest point to profit-taking rather than fresh positioning.
Source: TokenPost