Continue Capital was liquidated on Hyperliquid, losing 10,000 SNDK and 22,300 MU, worth $13.3 million.

SmartContractAuditor · 2026-03-07T02:38:53+00:00

According to MLM monitoring, Continue Capital was liquidated approximately $5.1 million worth of SNDK and $8.2 million worth of MU on Hyperliquid, causing their prices to drop by 5.8% and 2.6%, respectively. Currently, MU and SNDK are still trading at a discount, and Continue Capital maintains a long position of 17,000 MU tokens.

SmartContractAuditor

2026-03-07 02:38:53

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Odaily Planet Daily reports that, according to MLM monitoring, on-chain data shows Continue Capital was liquidated on Hyperliquid with 10,000 SNDK (approximately $5.1 million) and 22,300 MU (approximately $8.2 million) positions. This liquidation caused SNDK to drop 5.8% after closing and MU to fall 2.6%. MLM notes that MU is still trading at a 2% discount, with an annualized funding rate of -400%; SNDK is trading at a 2.6% discount, with an annualized funding rate of 650%. Currently, Continue Capital still holds a long position of 17,000 MU (about $6.2 million), with a liquidation price of $352, only 2.8% below the current price.

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