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Hyperliquid STRK Contract Drops 13% as Largest Long Shows $1 Million Paper Loss

TokenPost·October 17, 2026·1 min read
Hyperliquid STRK Contract Drops 13% as Largest Long Shows $1 Million Paper Loss

Hyperliquid's STRK contract dropped 13% as its largest long position showed a $1 million paper loss. A second address realized around $207,000 in losses after 21.36 million STRK were liquidated, then opened a smaller long position. The declines highlight volatility in the derivative market for STRK.

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