Hyperliquid trader loses $8.01 million in the past 30 days

A Hyperliquid trader has lost roughly $8.01 million over the past 30 days while still holding about $9.18 million in cumulative profits, according to OnchainLens data. The trader carries approximately $32.91 million in stock-related leveraged long positions, with unrealized losses of about $7.92 million, including $3.61 million on DRAM, $1.38 million on SPCX and $1.31 million on SKHX. The losses were partly offset by a closed BTC short that booked about $1.21 million in gains. The case highlights how concentrated leveraged equity exposure on the Hyperliquid perpetuals venue can swing trader P&L despite an overall profitable track record. Watch whether the trader trims or adds to the DRAM, SPCX and SKHX longs, and how funding costs and stock-linked perp liquidity on Hyperliquid evolve.