19 Accounts Opened $20.56 Million in GOOGL Longs on Hyperliquid

Trading in Hyperliquid’s GOOGL contract showed 19 accounts opening long positions worth about $20.56 million after Google’s earnings release, even as the contract fell 10.2% over 24 hours. The contract was quoted at $292.82 on Oct. 29. Open interest increased by about $43.1 million, and among the new long positions, 15 accounts had entry prices above that quote. Some accounts were waiting for a further drop before buying, while take-profit targets had appeared above the market. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost