Hyperliquid on SOXL contracts 24 rose by approximately 11.10%, while notional open interest declined 28.29%and the number of positions declined 35.28%. large accounts collectively covered approximately 7222900 USD short positions.
Bitunix analyst says that rising long-term Treasury yields and accumulating futures shorts mean that PCE inflation and nonfarm payrolls data could become catalysts for a change in yield direction. The analyst also flagged risks from leveraged basis trades and the energy supply chain.
A social media post states that a CXMT ($CXMT) short seller has initiated a 2000000-unit CXMT TWAP buy order, intending to close most of the short position.