Unitree Technology shares plunge more than 17% to 705 yuan

Unitree Technology shares fell more than 17% during trading to 705 yuan, with daily turnover reaching 6.753 billion yuan. The company’s contract on Trade.xyz recorded more than $100 million in trading volume over 24 hours, while open interest (the value of outstanding contracts) continued to decline to $30.07 million. The largest liquidation (forced closure of a leveraged position) during the period was a $446,000 long position.

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