「Hyperliquid Whale」 ETH Long Position Floating Loss Reaches $10 Million
BlockBeats News, May 17th, according to Ashes Monitor, the "Hyperliquid Top Whale" with a long position of 114,000 ETH ($259 million) has seen their unrealized gains of $13 million from the previous high turn into unrealized losses of $10 million.
The trader initially entered a long position for 99,000 ETH at the end of April at $2,270 and later added to this position twice on a smaller scale, bringing the total ETH long position to 114,000 ETH ($259 million). The average cost is around $2,268.
Currently, the position has transitioned from an unrealized gain of $13 million when ETH was at $2,400 ten days ago to an unrealized loss of $10 million with ETH at $2,180.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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