KAITO's Largest Position on Hyperliquid Shows a Combined Unrealized Loss of $1.17 million

BlockBeats News, August 5th, according to @ai_9684xtpa monitoring, the liquidation price of the largest position on KAITO on Hyperliquid has been increased. Currently, the two addresses associated with this position have a total unrealized loss of $1.17 million. On August 3rd, during a price drop, two new addresses opened leveraged long positions totaling $6.94 million. The opening prices were $1.1178 and $1.1117 respectively. One of the addresses starting with 0x2be added 1.953 million USDC as collateral half an hour ago. It is not yet clear whether this was done to reduce the risk of liquidation or to add to the long position.