Hyperliquid's high-leverage gamblers are much fewer than you might think😬

In the past 24 hours, the $7.63 billion OI (open interest) saw $3.7 billion opting for 3-7x leverage, the largest share, followed by $2.77 billion in 0-3x leverage, while funds with 7x leverage or more have seen a significant drop.

—— However, both excessively high and low leverage can lead to data interference.

▶︎ Lower leverage: Hedging institutions hold a large amount of short funds, with current insider big players' single address funds accounting for 18.6% of 3-7x leverage.

▶︎ Higher leverage: Theoretically, real traders and OI with 10x leverage and above would be more, but after several waves of hellish market conditions, they've all lost everything... for example ____