On October 17, the STRK token price on Hyperliquid dropped about 13% from the previous day, causing significant unrealized losses for major long holders. The largest STRK long position, holding 64.2 million tokens with five-times leverage, showed a nearly 96% loss, equating to over $1 million unrealized. Another holder was forcibly liquidated on 21.36 million STRK, realizing a $207,000 loss, but then opened a smaller new long position with isolated margin. These events highlight the risks of leveraged trading in volatile digital assets like STRK.
The Hyperliquid STRK contract's recent price drop is context for readers following cryptocurrency markets. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Oct 17, 2026 22:31 WIB: out of 50 major cryptocurrencies, 7 rose and 42 fell. Notable movers include FIL at Rp19.784 with a -5.78% change and a Pluang order activity of 21% Sell / 79% Buy, ALGO at Rp2.004 with a -4.93% change and 13% Sell / 87% Buy, and DOT at Rp20.245 with a -4.44% change and 4% Sell / 96% Buy.
Ascendis Pharma announced that the European Medicines Agency's CHMP has given a positive opinion for TransCon CNP (Navepegritid), a once-weekly treatment for achondroplasia in children aged 2 and above with open growth plates. This recommendation sup...
Ascendis Pharma announced that the European Medicines Agency's CHMP has issued a positive opinion recommending approval of TransCon CNP (navepegritide), a once-weekly treatment for achondroplasia in children aged two and older with open growth plates...
Morgan Stanley reports a 32-gigawatt electricity deficit for US data centers through 2028, a 34% shortfall even after alternative power sources. This power gap threatens AI growth as data centers need constant energy to operate. Tech analyst James Al...
Ether (ETH) derivatives data on October 17 reveal a call-heavy options market, with calls comprising 62.25% of options open interest. The futures market shows a substantial open interest of $30.59 billion, indicating active trading and investor engag...
Arthur Hayes, CIO of Maelstrom and co-founder of BitMEX, revealed that his fund trades altcoins primarily to generate profits for purchasing additional Bitcoin. He expressed disappointment with altcoins' performance in recent years but continues to f...
