STRK down approximately 13%，Hyperliquid Two long-position holders incurred substantial losses and liquidations
BIBIBI
AT A GLANCE
BlockBeats reported that STRK fell approximately 13%, with the two leveraged long-position holders recording substantial unrealized losses and liquidation losses, respectively.
Article
🔍 On-chain Detective |STRK Maximum unrealized loss on a long position reached 1010000 USD BlockBeats reported that October 17，Hyperliquid’s STRK contract was quoted at 0.0665 USD, down approximately 13%. Two whale addresses holding STRK long positions recorded substantial unrealized losses and liquidation losses, respectively.STRK The largest long-position address 0xd978…2fd9 holds approximately 64200000 units of STRK long positions, with a position value of approximately 4250000 USD, using 5 x cross margin leverage, with an unrealized loss of approximately 1019000 USD, and a position return of approximately -96%.
Another address 0x3392…d367’s STRK long positions were liquidated tonight; approximately 21360000 units were forcibly closed, valued at approximately 1466000 USD, realizing a loss of approximately 207000 USD. The address subsequently opened approximately 4790000 units of STRK long positions, with the latest position valued at approximately 319000 USD, using 5 x isolated margin leverage, with a liquidation price of approximately 0.059 USD.
Original link https://m.theblockbeats.info/flash/372371
Key points
01
October 17，Hyperliquid’s STRK contract was temporarily quoted at 0.0665 USD, down approximately 13%。
02
Address 0xd978…2fd9 holds approximately 64200000 units of STRK long positions, with a position value of approximately 4250000 USD, using 5 x cross margin leverage.
03
Address 0xd978…2fd9 has an unrealized loss of approximately 1019000 USD, with a position return of approximately -96%。
04
Address 0x3392…d367’s STRK long positions were liquidated tonight; approximately 21360000 units were forcibly closed, valued at approximately 1466000 USD, realizing a loss of approximately 207000 USD。
05
Address 0x3392…d367 subsequently opened approximately 4790000 units of STRK long positions, with the latest position valued at approximately 319000 USD, using 5 x isolated margin leverage, with a liquidation price of approximately 0.059 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A long position is a position that bets on a price increase. When the price falls, the position incurs an unrealized loss; leverage magnifies both gains and losses. When margin is insufficient, the platform may forcibly close the position, known as liquidation. In the article, one address still has a substantial unrealized loss, while another reopened a long position after being liquidated.
Why it matters to readers
These data indicate that the two large STRK long positions described in the article experienced significant price declines and leverage pressure, with one already liquidated.
Beginners should note that 5 x leverage magnifies losses caused by price fluctuations; an unrealized loss has not necessarily become a final loss, but a liquidation loss has already been realized.
Risks and unknowns
The article does not provide independently verifiable on-chain records; the address positions, losses, and liquidation data still require verification.
The article does not explain why STRK fell approximately 13%.
It is impossible to determine from the information in the article alone whether the price will subsequently approach 0.059 USD。
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Related concepts
Long Position
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