Open interest in Hyperliquid’s Tesla-linked TSLA perpetual contract rose 76.3% around the Roadster presentation, showing a much larger shift in outstanding positions than in the contract’s price.
Open interest added $35.63 million to reach $82.33 million in a comparison from the presentation’s start to the current snapshot.
At least three traders added leveraged long exposure. The three longs were worth about $3.98 million in total, with entry prices averaging roughly $367.33 when weighted by position size. One 20-times leveraged position was valued at about $1.85 million, and another at $1.01 million. A third position, valued at roughly $1.12 million, used 10 times leverage and a time-weighted average price approach.
EconoTimes previously covered TSLA perpetual trading activity.
