「Hyperliquid Whale」 ETH Long Position Hits $10 Million Unrealized Loss

BlockBeats News, May 17th - According to Ashes Monitor, the "Hyperliquid Largest Long Head" has seen their 114,000 ETH ($259 million) long position transition from a $13 million floating profit to now a $10 million floating loss.

The trader initiated this round of longing at the end of April at $2,270, opening a position for 99,000 ETH, and later added to the position twice on a small scale, bringing the total ETH long position to 114,000 ETH ($259 million). The average cost is around $2,268.

Currently, their position has shifted from a $13 million floating profit when ETH was at $2,400 ten days ago to now a $10 million floating loss with ETH at $2,180.