PANews reported on December 12th that, according to on-chain analyst @ai_9684xtpa, Hyperliquid's current open interest (OI) reached $7.73 billion, with the "1011 Insider Whale" address holding 7.94% of the total OI. Since the "1011 Insider Whale" opened its position on December 7th, the growth rate of IO on the Hyperliquid platform has accelerated, suggesting that the copy trading effect may still exist. Hyperliquid OI has risen continuously for the past seven days, reaching its peak since November 20th. Since the market bottomed out on November 21st, leverage has continued to increase (OI growth is consistent with the K-line trend), and there is a high concentration on HL.