Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Continue Capital was liquidated on Hyperliquid for 10,000 SNDK and 22,300 MU, worth $13.3 million.

Continue Capital was liquidated on Hyperliquid for 10,000 SNDK and 22,300 MU, worth $13.3 million.

Odaily星球日报Odaily星球日报2026/03/07 02:13
Show original

According to Odaily, MLM monitoring shows that on-chain data indicates Continue Capital was liquidated on Hyperliquid for 10,000 SNDK (approximately $5.1 million) and 22,300 MU (approximately $8.2 million) positions. This liquidation caused SNDK to drop 5.8% after the close, while MU fell 2.6%. MLM pointed out that MU is still trading at a 2% discount, with an annualized funding rate of -400%; SNDK is trading at a 2.6% discount, with an annualized funding rate of 650%. Currently, Continue Capital still holds a long position of 17,000 MU (approximately $6.2 million), with a liquidation price of $352, only 2.8% lower than the current price.

0
0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!