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Something unusual is unfolding on Hyperliquid around base:0x98d0baa52b2d063e780de12f615f963fe8537553 👀 Two newly created wallets opened roughly $7M in long positions just hours ago, nearly doubling the total long open interest. Their average entry sits near $1.11, but they're already facing a combined unrealized loss of around $1.2M. The larger position, holding about 5M $KAITO , is estimated to be liquidated around $0.79. This is definitely one to watch. If these traders know something the market doesn't, a major bullish catalyst could arrive sooner than expected. 🍿 Wallets: • 0x2be36273621233a0d2ae8504af15b56ee1cf8082 • 0x98caa7ce5827948809835c6ee5a74d35d2b3bc15