In a recent hour, CHIP liquidation became the top netizen, with on-chain trader 'neoyokio.eth' briefly opening a $2.2 million long position.
BlockBeats News, April 23rd, according to Hyperinsight and Coinglass monitoring, in a recent one-hour network-wide liquidation data, CHIP led the way with a liquidation of approximately $1.2 million, primarily from long positions. On the Hyperliquid platform, an address has been liquidated twice in the past 4 hours, with a total scale of $2.6 million.
In the past half an hour, trader 'neoyokio.eth,' as the CHIP price dropped to $0.1, chose to gradually enter long positions with 3x leverage. In a short period, they have opened about 23.22 million CHIP long positions, with a position size of around $2.2 million, an average price of $0.1003, currently experiencing an unrealized loss of about $130,000 (-17%).
It is reported that the address is currently the largest long position on ASTER on Hyperliquid, holding a $16.7 million ASTER long position, with an unrealized gain of $860,000. They also heavily went long before the first major XPL rally on September 24th last year.
Address: 0x15271757b398cd1d3d7cca05c4f7b0c159afa7c2
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
WLD Price Prediction: Worldcoin Eyes $12 as Cloudflare Partnership Advances

Last week, retail investors made a "record-breaking" dip buy of US chip leveraged ETFs, but this week they plummeted.
Last week, retail investors poured $6.1 billion into 3x leveraged chip ETFs, but suffered a 20.5% single-day plunge this Thursday, almost perfectly coinciding with the start of the rapid downturn. The cumulative decline in October has exceeded 43%, far surpassing the 15.9% loss of non-leveraged products during the same period. The root cause lies in the market’s skepticism toward AI investment returns. The most significant uncertainty is whether aggressive spending by tech giants will actually deliver on profit expectations, while the use of leverage has exponentially magnified the cost of this misjudgment.

Africa’s payment giant backed by SoftBank is rushing to list in the US! Opay (OPAY.US) plans to raise $336 million, with its valuation possibly exceeding $4 billion
The payment platform Opay Ltd., which focuses on the Nigerian market, plans to raise up to 336 million dollars through an initial public offering (IPO).
BMT surges past $0.039, briefly up over 40%

