Hyperliquid Traders Bet Unitree Worth 4x Its $9B IPO Valuation

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Chinese robot maker Unitree is preparing to go public with an IPO valuation of approximately $9 billion. Traders on the decentralized exchange Hyperliquid, however, are pricing the company at nearly $38 billion — roughly four times the IPO figure. This wide valuation gap has created significant leveraged positions on the platform. Analysts at Allium have warned that these bets could be highly vulnerable once actual public trading begins and market prices adjust to reality.

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