TSLA price falls on Hyperliquid as whale positions shift

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TSLA
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Whale activity on Hyperliquid caused TSLA futures to drop to $364.8, a 1.3% decline after the U.S. market opened. The price briefly dipped below $365.3, erasing gains from the Roadster event. Whale movements revealed a $10.5 million short position held by address 0x0242…ffa1, now showing a $66,000 profit. Another whale, 0x7d04…9e7b, had 2,093 TSLA long contracts liquidated, worth $764,000, resulting in a $27,800 loss. This address still holds 6,697 contracts, indicating an $84,000 unrealized loss, with liquidation near $361.8.
ME AI message: After U.S. markets opened, the TSLA contract on Hyperliquid dropped to $364.8, a decline of approximately 1.3%. It briefly fell below the level of around $365.3 at the start of the Roadster发布会, and all prior gains from the event were subsequently erased.

A large whale address, 0x0242…ffa1, holds a short position in TSLA worth approximately $10.5 million, which previously incurred an unrealized loss of about $310,000; it is now showing an unrealized profit of approximately $66,000 and remains open.

Another whale address, 0x7d04…9e7b, experienced partial liquidation of its TSLA long positions, with approximately 2,093 contracts forcibly closed, valued at around $764,000, resulting in realized losses of approximately $27,800. This address still holds about 6,697 TSLA long contracts with 20x full-collateral leverage, valued at approximately $2.45 million, currently with an unrealized loss of about $84,000, and a remaining position liquidation price of approximately $361.80.

(Source: BlockBeats)
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