Lookonchain said on Aug. 6 that the position had reached 3,507 UNITREE, with the leveraged bet valued at about $264,000.
A trader deposited 3 million USDC into Hyperliquid and began building a long position in UNITREE, according to Lookonchain monitoring cited by BlockBeats on Aug. 6. The position had reached 3,507 UNITREE at 5x leverage (borrowed exposure to amplify returns and losses), giving it an estimated value of about $264,000 at the time of the update. The move points to a relatively small live position so far compared with the trader's funding balance, leaving room for the bet to expand if the position is increased.