Robinhood jumps more than 10% intraday; on-chain HOOD bullish whales are up by $660,000 in unrealized gains

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CryptoWorld News: Robinhood (HOOD) intraday gains exceed 10%, with on-chain whale floating profits reaching $660k.
A trader on HyperLiquid is long HOOD with 10x leverage, currently holding a position worth $2.08 million, with floating profits of about $660k, a return of 472%, and the principal has increased more than fourfold.
In terms of market performance, HOOD has risen 10.4% over the past 24 hours on HyperLiquid, and during the US stock market's overnight session, it continued to hover at high levels, currently at $107.50.
Since the beginning of this month, HOOD has increased approximately 35%.
On the news front, HOOD's recent rally is mainly driven by reports that the SEC is considering advancing the "Tokenized Stock Innovation Exemption," which, if implemented, will allow cryptocurrency companies to offer blockchain-based traditional stock versions, enabling trading 7 days a week, 24 hours a day, and near-instant settlement.
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MoonlightTake-ProfitLine
· 1h ago
Traditional stocks going on the blockchain + real-time settlement—if that happens, T+0 will be considered slow, and the financial infrastructure will be revolutionized.
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RedTelephoneBoothRuins
· 3h ago
If the SEC actually exempts tokenized stocks, 7x24 trading would be a blow to traditional brokers, and Robinhood's early move makes sense.
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TheRetreatButtonIsVeryLarge.
· 3h ago
US stock night session at 107.5, on-chain is still rising, the premium on both sides is interesting, arbitrage opportunities have emerged.
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APeacockSpreadingItsTailLooks
· 3h ago
660k floating profit looks large, but with a position of 2.08 million using 10x leverage, the actual principal is just over 200k, so the risk exposure isn't actually small.
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OldKeyboardTraitor
· 3h ago
HOOD this wave is indeed fierce, 10x leverage with 472% returns, on-chain whales have fully benefited from this move.
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