A trader on Hyperliquid has opened a 10x leveraged long position in HOOD (Robinhood), with the position size reaching $2.08 million and an unrealized profit of about $660,000. According to BlockBeats On-chain Detection, the trader’s average entry price was $73, with a reported return rate of 472%, and the principal has increased more than fourfold.
Market data showed HOOD rising 10.4% over the past 24 hours on Hyperliquid, while U.S. overnight trading continued to fluctuate at elevated levels, last quoted at $107.5. Since the early-month low, HOOD has gained about 35%.
The rally has been linked to reports that the U.S. Securities and Exchange Commission is considering advancing a “tokenized stock innovation exemption.” If implemented, the policy would allow crypto companies to offer blockchain-based versions of traditional stocks, enabling 24/7 trading and near-instant settlement.
The address associated with the position was listed as 0x5f94a51948d2376ad34a6fadfa2544e651b74b96.
Trader Takes 10x Leveraged Long Position in HOOD on Hyperliquid as Tokenized Stock Exemption Reports Lift Price
2026-06-18 07:23:48
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article:
Philippine Central Bank Governor Says Emergency Meeting Possible for Larger Rate HikeNext article:
贵金属 | 黄金资金分歧加剧,白银看涨期权连减持