Hyperliquid’s ZHIPU perpetual contract rose 10.88% to $68.984 over 24 hours, while MiniMax gained 3.88% to $22.322, according to TradingBeats data cited by BlockBeats.
Large longs remain underwater
Ten large long positions still carried about $1.11 million in combined unrealized losses. Their weighted entry prices were $88.93 for ZHIPU and $26.98 for MiniMax, leaving both groups below break-even at the quoted prices. The report provided no funding-rate or open-interest data.