UNITREE Gains 10.94% While Largest Long Shows $1.7187 Million Loss

UNITREE's perpetual contract on Hyperliquid gained 10.94% over 24 hours to $69.796, while funding was negative and the market's largest long position had an unrealized loss of about $1.7187 million.

The contract recorded about $12.83 million in trading turnover and $18.5 million in notional open interest. Two funding settlements were -0.0850% and -0.1249%, for a combined -0.2099%. The cumulative funding rate over 24 hours was -0.1883%. Negative funding means traders holding short positions paid those holding long positions.

The largest long position, associated with address 0x6910, held about 89,500 UNITREE, worth approximately $6.289 million. Its average entry was $89.46. The $69.796 contract price was about 22% below its $89.46 average entry, leaving an unrealized loss of about $1.7187 million. The mark price was about 1.19% below the oracle price.

A physical AI and world-model conference is scheduled in Nanjing from Oct. 19-22, with technical announcements and project signings planned.