A leveraged short position on Hyperliquid in UNITREE, linked to address 0xa44…5329d, moved deep into the red after Unitree Technology opened trading far above expectations. On-chain analyst Ai Yi said the wallet holds a 5x short on 10,431.76 UNITREE with an entry price of $81.8, leaving it with a floating loss of $526,000. The position is now the largest unrealized-loss trade in Hyperliquid's UNITREE market, and faces liquidation at $172.18. In perpetual futures (crypto derivatives with no expiry), traders using leverage can see losses accelerate quickly when prices move sharply against their positions.