Continue Capital was liquidated on Hyperliquid with $13.3 million in SNDK and MU positions

DeepFlowTech · 2026-03-07T02:12:10+00:00

On March 7th, Continue Capital was liquidated on Hyperliquid, including 10,000 SNDK and 22,300 MU, resulting in price drops of 5.8% and 2.6%, respectively. Currently, Continue Capital still holds a long position of 17,000 MU, with the liquidation price close to the current market price.

DeepFlowTech

2026-03-07 02:12:10

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Deep Tide TechFlow News, March 7th, 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 close and MU to fall 2.6%. MLM pointed out 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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