Odaily Planet Daily reports that the Hyperliquid STRK contract is currently trading 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 a forced liquidation loss. The largest long position in STRK holds approximately 64.2 million STRK, with a position value of about $4.25 million, using 5x full-margin leverage, resulting in an unrealized loss of approximately $1.019 million and a position return rate of around -96%. Another address had its STRK long position liquidated tonight, with approximately 21.36 million STRK forcibly closed out, valued at about $1.466 million, resulting in an actual loss of approximately $207,000. Following this, the address opened a new long position of approximately 4.79 million STRK, with a current position value of about $319,000, using 5x isolated margin leverage and a liquidation price of approximately $0.059.
STRK Whales Suffer Major Losses Amid 13% Price Decline
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Summary
STRK price action experienced a sharp decline, with the token falling 13% to $0.0665 on Hyperliquid. A major long position holder, holding 64.2 million STRK valued at $4.25 million with 5x leverage, now faces a $1.019 million unrealized loss. Another whale incurred a $2.07 million loss after 21.36 million STRK was liquidated. The same address reopened a long position of 4.79 million STRK with 5x isolated leverage, risking liquidation at $0.059. Position trading strategies are under pressure as volatility intensifies.
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