Bullish

AMD Drops 10.17% in 24 Hours, Triggering $2.06M Liquidations

2026-08-05 09:19

Sharp 10.17% decline in AMD stock over 24 hours resulted in $2.06M liquidations on Hyperliquid, with longs comprising 95% of cleared positions.

Woofun AI reports that AMD shares declined by 10.17% within the last 24 hours, initiating approximately $2.06 million in forced closures on Hyperliquid. Of this total, long positions represented roughly $1.96 million, while short positions accounted for about $101,000, impacting 238 distinct accounts. Long positions constituted 95% of the aggregate liquidation value. The asset had previously disclosed second-quarter revenue of $11.54 billion, marking a record high, alongside third-quarter guidance that exceeded market expectations.

WOOFUN AI

Impact Assessment · Quick Read

The heavy concentration of long-side liquidations indicates significant leverage unwinding following the price drop. Despite strong recent fundamentals, including record Q2 revenue and upbeat Q3 guidance, the sharp correction highlights sensitivity to short-term volatility. Traders may face continued pressure if support levels fail to hold, though the deleveraging could reduce immediate downside risk.
Generated by WOOFUN AI · For reference only, not investment advice

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