AMAT Surges Over 15% as Hyperliquid Launches Perpetual Contracts; Smart Money Opens 3x Long Position

According to Hyperinsight monitoring, the artificial intelligence semiconductor equipment leader Applied Materials (AMAT) surged over 15% on June 30, with the stock closing up 10.8% on June 29 and rising an additional 4.8% in after-hours trading, currently trading at $729. Hyperliquid launched AMAT perpetual contracts yesterday evening. Following the launch, a tracked smart money wallet (0x988) opened a 3x leveraged long position with an average entry price of $699 and liquidation price of $490, with current position size around $220,000.
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