On-chain analyst Ai Yi is tracking fresh KAITO movements on Hyperliquid. The top-ranked KAITO position has been closed: wallet 0x98c…3bc15 cut 2.24 million KAITO longs at 03:10 today and took a $994,000 loss. The position had been opened at $1.05, with a stop-loss set at $0.67. The No. 2 position, opened around the same time, remains open and is showing an unrealized loss of $2.227 million. On-chain data also points to an address suspected of being linked to KAITO operations, 0xF1f…60b14, which withdrew 1.91 million KAITO out of Coinbase 10 hours ago; those tokens were worth $1.32 million. Across four tracked addresses, exchange withdrawals now total 8.36 million KAITO, worth $8.51 million. That works out to an average cost of $1.01 per coin. Taken together, the four wallets have accumulated the tokens directly from exchanges, while the top Hyperliquid long has already been closed at a loss.
Hyperliquid's top-ranked KAITO position has been closed. On-chain analyst Ai Yi flagged the move: wallet 0x98c…3bc15 closed 2.24 million KAITO long positions at 03:10 today. The trade ended with a $994,000 loss, after an entry price of $1.05 and a stop-loss at $0.67.
A second position, opened around the same time, remains open. It holds the No. 2 ranking and is currently showing an unrealized loss of $2.227 million.
Separately, an address suspected of being a KAITO operator, 0xF1f…60b14, withdrew 1.91 million KAITO from Coinbase 10 hours ago. The tokens were worth $1.32 million.
In total, four addresses have now accumulated 8.36 million KAITO from exchanges. The combined value is $8.51 million, with an average price of $1.01 per token.
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