AMD DROPS 10%, LONGS GET LIQUIDATED 🔴💀 AMD fell 10.17% over the last 24 hours, triggering ~$2.06M in liquidations on Hyperliquid. • Long liquidations: ~$1.96M • Short liquidations: ~$101K • Affected positions: 238 Longs accounted for 95% of the total liquidation value. Why AMD dropped: AMD reported record Q2 revenue of $11.54B and issued Q3 guidance above expectations, but the stock had already rallied heavily into earnings. Margins came in largely in line rather than expanding, failing to clear the elevated expectations already priced into the stock.(Onchain Lens)