Since the market closed on Friday, a wallet has built a 94.7K CBRS ($17.4M) long position on Hyperliquid, pushing the price up nearly 11%…

Mlm onchain (@mlmonchain), Oct 4, 2026, 10:48 UTC

Since the market closed on Friday, a wallet has built a 94.7K CBRS ($17.4M) long position on Hyperliquid, pushing the price up nearly 11% at its peak over the weekend. The wallet stopped adding to its Cerebras long 4 hours ago, after which CBRS immediately dropped 3% on Hyperliquid. During the same period, the wallet reduced its MU, INTC and DRAM longs by a combined dollar amount roughly matching the size of its new CBRS long. The wallet now holds almost $50M in longs across these four stocks on Hyperliquid, with the account up $17M since mid-August, all from its $NEAR and $INJ trades. htt…

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