Odaily Planet Daily reports, according to on-chain analyst Yujin, ETH has been declining by over $100 daily in recent days. Hyperliquid’s largest long position in ETH was opened at an average price of $2,261, totaling 120,000 ETH, valued at $271 million, and is currently experiencing an unrealized loss of $73.66 million. The liquidation prices for multiple positions range between $1,300 and $1,400; after adding $26 million in margin in recent days, the liquidation threshold for these positions has decreased.
Hyperliquid ETH Largest Long Position Incurs $73.66M Floating Loss
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Summary
According to Odaily, the ETH price recently dropped over $100 per day. On-chain analyst Yu Jin noted that the largest ETH long position on Hyperliquid was opened at $2,261 for 120,000 ETH, valued at $271 million. This position now faces a $73.66 million floating loss, with liquidation risks between $1,300 and $1,400. An additional $26 million in margin was added, slightly lowering the liquidation threshold. ETH analysis indicates the position remains under pressure.
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