Monitored by Woofun AI, NBIS (NEBIUS) contracts on Hyperliquid climbed approximately 10% over the last 24 hours, trading at $295.5 and touching an intraday high of $298. This movement established a new on-chain trading record, although the pre-market price has yet to surpass its all-time high.

Concurrently, a significant long position on Hyperliquid has generated substantial gains. Two days prior, a trader opened a position with an average entry price of $262, purchasing 40,080 contracts using 2x leverage for a total value exceeding $11.8 million. This position now holds an unrealized profit of roughly $1.31 million, representing a 25.1% return and standing as the largest long exposure for the asset on the platform.

The market momentum is driven by the announcement that NBIS will be added to the Nasdaq 100 Index before the market opens on June 22, 2026. This inclusion anticipates passive fund buying ahead of the market session.