AiCoin|Mar 07, 2026 02:10
[Continue Capital Liquidated $13.3 Million Positions on Hyperliquid]
On March 7, on-chain data revealed that Continue Capital was liquidated on Hyperliquid for 10,000 SNDK (approximately $5.1 million) and 22,300 MU (approximately $8.2 million) positions. After the liquidation, SNDK dropped 5.8%, and MU fell 2.6%. 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, which is only 2.8% lower than the current price.
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