KAITO Drops 67.3% in Two Weeks; Two Addresses Lose $2.874M on 5x Hyperliquid Longs

KAITO Drops 67.3% in Two Weeks; Two Addresses Lose $2.874M on 5x Hyperliquid Longs

N
News Editor
2026-08-13 00:42:47
On-chain analyst Ai Yi reports that KAITO has dropped 67.3% in half a month, ranking first among losers. The token peaked at $1.3764 on July 29 before falling to $0.45. On August 3, two addresses opened $6.94 million in 5x longs on Hyperliquid, which were stopped out for a combined loss of $2.874 million.

KAITO has seen its price fall 67.3% over the past two weeks, according to on-chain analyst Ai Yi. This makes it the biggest loser among tracked tokens. The token hit a short-term high of $1.3764 on July 29 before sliding to $0.45.

On August 3, two addresses opened 5x long positions on Hyperliquid worth a combined $6.94 million. Both positions were subsequently stopped out, resulting in a total loss of $2.874 million.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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