From the opening of the US stock market last night until noon today, 83 addresses on Hyperliquid reduced or liquidated 121 long positions worth millions of dollars each, resulting in a total loss of approximately $23.65 million. Among them, 6 addresses had individual accounts with cumulative losses exceeding $1 million.
A total of 51 unprofitable reductions were recorded in indices and ETFs including the S&P 500 and Nasdaq 100, resulting in losses of approximately $3.26 million. Among these, there were 19 unprofitable reductions in S&P 500 underlying contracts and 15 in Nasdaq 100 contracts.
In terms of individual stocks, Hynix's Korean stock SKHX and ADR contract SKHY saw a total of 28 unprofitable reductions in holdings, resulting in a loss of approximately US$3.62 million. SanDisk (SNDK) saw 7 unprofitable reductions in holdings, with a cumulative loss of approximately US$8.42 million, accounting for 35.6% of the total loss. Nebius, Meta, and Micron incurred losses of approximately US$2.65 million, US$2.17 million, and US$1.76 million, respectively.
This round of large-scale long position withdrawals is mainly concentrated in individual stocks, especially those in the storage and AI industry chain.
