Two New Addresses Hold Top KAITO Longs with $991K Floating Loss

Two new wallets control the largest KAITO positions on Hyperliquid using 5x leverage and OKX margin, facing a $991K unrealized loss as the token drops nearly 20% in 24 hours.

Woofun AI data shows that two newly created addresses established combined long positions totaling $7.106 million on KAITO via Hyperliquid, utilizing 5x leverage. These entities currently rank as the number one and number two largest KAITO holders on the platform, with margin sourced from OKX. Following a nearly 20% decline in KAITO's price over the past 24 hours, these positions are experiencing a floating loss of $991,000.