Top KAITO Hyperliquid Longs Face $1.17M Floating Loss

Leading KAITO holders on Hyperliquid report $1.17M unrealized losses after opening $6.94M leveraged longs on August 3, with one address facing a margin call.

Woofun AI data shows that the two largest KAITO positions on Hyperliquid currently hold a combined floating loss of $1.17 million. On August 3, these addresses initiated long trades totaling $6.94 million using 5x leverage, with entry prices set at $1.1178 and $1.1117 respectively.

The primary holder has triggered a margin call. Approximately thirty minutes ago, the address starting with 0x2be deposited 1.953 million USDC as additional margin. The specific intent behind this capital injection—whether to mitigate liquidation risk or to expand long exposure—remains unconfirmed.