PANews, August 29: According to on-chain analyst Yujin, from yesterday to early this morning, Hyperliquid’s largest long position holder opened long positions in BTC and ETH through multiple addresses. The holder currently holds long positions worth $170 million, comprising 1,000 BTC and 38,000 ETH, with an average entry price of $78,758 for BTC and $2,478.6 for ETH, resulting in a current loss of $2.39 million.
Hyperliquid's largest long position in BTC and ETH incurs a $2.39M loss
PANewsShare
Summary
As of August 29, 2026, the largest long position on Hyperliquid, tracked by on-chain analyst Yu Jin, holds 1,000 BTC and 38,000 ETH. The average entry price is $78,758 for BTC and $2,478.60 for ETH. The total position is valued at $170 million, with a $2.39 million loss. Position sizing and trading strategies are under scrutiny as the market reacts to the decline.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.