Hyperliquid's Top KAITO Long Closed With $994K Loss; Second-Largest Down $2.23M

Hyperliquid's top KAITO long position has been closed, according to on-chain monitor @ai_9684xtpa. An address starting with 0x98c exited its 2.24 million KAITO long at 3:10 today, realizing a loss of $994,000. The position was opened at $1.05 and its stop-loss was set at $0.67. The second-largest KAITO position, opened around the same time, is still being held and now shows an unrealized loss of $2.227 million. Combined, the realized loss and the paper loss exceed $3.2 million.