[Hyperliquid: $3.7 Billion in OI Over the Past 24 Hours Opted for 3-7x Leverage] In the past 24 hours, out of Hyperliquid's $7.63 billion open interest (OI), $3.7 billion chose 3-7x leverage, making up the largest proportion. This was followed by 0-3x leverage, with $2.77 billion in funds. Leverage above 7x saw a sharp decline. A significant amount of short positions held by hedging institutions is concentrated in lower leverage ranges, with a single insider address currently accounting for 18.6% of the funds in the 3-7x leverage category.