Hyperliquid Giant Whale: PLTR Weekly Rebound of Nearly 50%, Largest Shorts Accept Losses of $23.6 Million and Switch to Long Positions
2026-08-12 11:40:12
According to CoinMeta, PLTR has rebounded from a low of $119.71 to $179.42 over the past week, with a maximum increase of about 49.9%, and is currently trading at $172.39. The strong market performance after the financial report has increased trading volumes and open positions. A whale that had just established a short position of $23.6 million quickly abandoned the short trade and then switched to a long position just 1 second after closing the position. Over the past 24 hours, the number of open contracts for PLTR increased by about 278.7%, and the value of OI rose from about $10.88 million to $41.05 million, an increase of about $30.17 million, or about 277%. The trading volume during this period was about $93.75 million. This whale, whose account starts with 0x4e23, is one of those who added new positions. As of press time, it has taken a long position in 92,400 shares of PLTR at a cost of 10 times the current price, with a position value of about $15.924 million and an average purchase price of $175.25. A single address now accounts for about 38.8% of the total number of open PLTR positions in the market. The new long order has not yet been validated by prices, and is currently at a floating loss of about $264,000, with a return rate of about -16.3%. The liquidation price is $165.99, which is about 3.7% below the current price. The current hourly funding fee rate is about +0.000625%, and long holders are required to pay this funding fee.
Source:Internet
This content is for market information only and does not constitute investment advice.
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