Svmuu News: According to Ai Yi’s monitoring, the number of active contract traders on the Hyperliquid platform is approaching its highest level in the past six months. Since January, the number of active traders on the platform has risen significantly. On January 16, the token price peaked and began to decline. During this period, Hyperliquid’s open interest (OI) also peaked, but the number of active contract traders remained low. On February 1, a $600 million long position held by the "1011 Insider Whale" was liquidated, causing OI to drop sharply, while the number of active traders rose accordingly. On February 8, Yi Lihua liquidated $1.354 billion worth of ETH over an 8-day period; a large number of long positions were liquidated, OI fell to a short-term trough, and the number of active contract traders rose further. Currently, the platform’s OI is low, but the number of active retail traders has increased significantly, and they prefer high-leverage trading.