Huoxing Finance reports: On October 16, Tesla unveiled its new Roadster, demonstrating brief levitation and mid-air flips during the event. From the 08:55 start of the发布会 to the present, the TSLA contract on Hyperliquid rose from approximately $365.27 to $373.04, an increase of about 2.13%. Alongside the price rise, on-chain trading volume and open interest for TSLA also surged significantly. Within hours of the announcement, TSLA contract trading volume reached $81.12 million—24.3 times higher than the same period previously—and the past 24-hour trading volume spiked to $128 million. During the same period, the notional value of open interest rose to $82.33 million, an increase of approximately $35.63 million, or 76.3%, significantly outpacing the 2.13% price gain. During this rally, at least three whales sequentially established new long positions, with a combined current holding of approximately $3.98 million at a weighted average entry price of $367.33, yielding a combined unrealized profit of about $60,900. Specifically: - Ten minutes after the announcement, a whale opened a 20x long position; current holding is approximately $1.8515 million at an average price of $365.51 (0x696d), with a 38% unrealized profit; - Approximately 50 minutes after the announcement, another whale initiated a 10x leveraged TWAP buy order, completing position building over roughly 30 minutes; current holding is approximately $1.1191 million at an average price of $368.13 (0xa609), with a 12% unrealized profit; - Over one hour after the announcement, a third whale entered a 20x leveraged long position chasing the rally; current holding is approximately $1.0094 million at an average price of $369.77 (0xb885), with a 15% unrealized profit.
Tesla's New Roadster Sparks Chain Trade Surge, Volume Rises 24x to Over $35.6M
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Summary
Tesla’s new Roadster, unveiled on October 16, triggered a sharp increase in on-chain data activity. On Hyperliquid, TSLA futures rose 2.13% to $373.04 within hours. Trading volume surged 24.3x to $81.12 million, with 24-hour volume reaching $128 million. Unfilled contracts increased 76.3% to $82.33 million. Three whale accounts added $3.98 million in long positions, generating $60,900 in unrealized profits.
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