STRK's Largest Long Position Incurs $1.02M Floating Loss

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STRK
$0.06786-9.62%
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STRK trading activity on Hyperliquid shows a 13% price decline to $0.0665. The largest long position, held by address 0xd978…2fd9, incurs a $1.02M floating loss. Address 0x3392…d367 had 21.36M STRK liquidated, resulting in a $207K loss, and later reopened a 4.79M STRK long position. Trading volume remains elevated amid sharp price fluctuations.
ME AI message: The STRK contract on Hyperliquid is currently quoted at $0.0665, down approximately 13% from the previous day's reference price. Two large whale addresses holding long positions in STRK have incurred significant unrealized losses and liquidation losses.

The largest long position address for STRK, 0xd978…2fd9, holds approximately 64.2 million STRK longs, with a position value of about $4.25 million, using 5x full-margin leverage. The position is currently underwater by approximately $1.019 million, with a return on position of about -96%.

Another address, 0x3392…d367, had its STRK long position liquidated tonight, with approximately 21.36 million STRK forcibly closed, valued at around $1.466 million, resulting in a realized loss of approximately $207,000. The address subsequently opened a new long position of about 4.79 million STRK, with the latest position valued at approximately $319,000, using 5x isolated leverage and a liquidation price of around $0.059.

(Source: BlockBeats)
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