KIOXIA’s contract on Hyperliquid was quoted at $113.61 on Sept. 28, with open interest at roughly $1.46 million in notional value, according to BlockBeats. The contract completed a 1-for-3 split-related trading adjustment during the day. Existing positions were settled on-chain, old orders were canceled, and trading later resumed.
After adjusting the reference price based on the split ratio, the contract was down about 6.19% over the past 24 hours. The first trade after reopening was recorded at 16:11 at $114.93. By press time, the traded range stood between $112.10 and $124.04, while the latest price was about 1.15% below that first post-reopening trade.
Among the top three directional positions established after trading resumed, two were shorts with a combined value of about $585,000. One short was worth about $374,000 with an average entry of $113.24 at address 0x4c78…, and another short was worth about $211,000 with an average entry of $113.16 at 0xfe7c…. The largest long among the top three was about $178,000, opened at an average price of $113.43 at 0xcd4e….
According to BlockBeats, the KIOXIA contract on Hyperliquid was trading at $113.61 on Sept. 28, with open interest at roughly $1.46 million in notional value.
The contract completed a 1-for-3 split-related trading adjustment during the day. Existing positions were settled, old orders were canceled, and trading was then reopened. After adjusting the reference price based on the split ratio, the contract was down about 6.19% over the past 24 hours.
Trading resumed at 16:11
The first trade after reopening was recorded at 16:11 at $114.93. As of publication, the traded range was $112.10 to $124.04, and the latest price was about 1.15% below the first trade after trading resumed.
Top directional positions lean short
Among the top three directional positions established in actual trading after the market reopened, two were shorts, with combined short exposure of about $585,000.
- Short position of about $374,000, with an average entry price of $113.24, address 0x4c78…
- Short position of about $211,000, with an average entry price of $113.16, address 0xfe7c…
- Long position of about $178,000, with an average entry price of $113.43, address 0xcd4e…
BlockBeats had previously reported that KIOXIA’s 1-for-3 split had triggered unified on-chain settlement, and that the largest long exited at a loss just before getting back to break-even.
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