Robinhood Soars Over 10% Intraday, On-Chain HOOD Whale Shows 472% Unrealized Gain

BlockBeats News, June 18th, according to Hyperinsight Monitor, a trader on Hyperliquid went long on HOOD (Robinhood) with 10x leverage, with the current position size reaching $2.08 million, unrealized gains of about $660,000, an average price of $73, a return rate of 472%, and the initial investment has more than quadrupled.

On the market front, HOOD on Hyperliquid has seen a 24-hour price increase of 10.4%. During the after-hours trading of the US stock market, it continued to fluctuate at a high level, currently trading at $107.5. Since the low point earlier this month, HOOD has accumulated a total increase of about 35%.

In terms of news, this round of HOOD's rise was mainly boosted by reports related to the SEC's consideration of advancing the "Tokenized Stock Innovative Exemption." If this policy is implemented, it will allow cryptocurrency companies to offer blockchain-based traditional stock versions, thereby supporting trading 7 days a week, 24 hours a day, and achieving near-instant settlement.

Address: 0x5f94a51948d2376ad34a6fadfa2544e651b74b96

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