Hyperliquid Wallet Exits About $36.51M CBRS Long at About $6.95M Loss

A Hyperliquid wallet closed a CBRS long position valued at about $36.51 million at an estimated loss of about $6.95 million while opening leveraged positions tied to GOOGL and GME.

The wallet identified as 0x30af…393e opened approximately 116,100 GOOGL units and 607,400 GME units. The positions were valued at a combined $57.42 million.

The GOOGL position used 20x isolated leverage, while the GME position used 10x isolated leverage. Their liquidation reference prices were about $344.56 and $25.56, respectively.

Those levels were about 2.37% and 5.67% below the positions’ current mark prices.