With a floating loss of $991,000, the two new addresses hold KAITO long positions that are over five times the size of the previous top two.

According to monitoring by on-chain analyst Ai Yi, as reported by Odaily, two new addresses opened cumulative $6.94 million worth of KAITO 5x long positions on Hyperliquid early this morning, with a total position size of $7.106 million, making them the top 1 and top 2 largest KAITO positions. The margin for both originated from a certain exchange. KAITO has dropped nearly 20% in the past 24 hours, and these two addresses have incurred an unrealized loss of $991,000.