Hyperliquid's Largest ETH Long Sees Unrealized Losses Expand to $73.66M, Liquidation Price Adjusted to $1,300-$1,400

ETH-4.69%
According to ChainCatcher citing on-chain analyst Ember, the largest ETH long position on Hyperliquid recently accumulated unrealized losses of $73.66 million. The address opened 120,000 ETH (approximately $271 million) at an average price of $2,261. To mitigate liquidation risk, the position added $26 million in margin, adjusting the liquidation price range from $1,617-$1,355 to $1,300-$1,400. ETH currently trades at $1,870, leaving approximately $470 until the nearest liquidation level.
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