Hyperliquid’s largest long address returns to breakeven on BTC and ETH positions after nearly four months

Hyperliquid’s largest long address returns to breakeven on BTC and ETH positions after nearly four months

N
News Editor
2026-08-20 10:11:23
Monitoring data shared by EmberCN said the largest long address on Hyperliquid has returned to breakeven after sitting on unrealized losses for nearly four months. The position is spread across 11 addresses and consists of BTC and ETH longs worth a combined $487 million. At one point, the position was showing an unrealized loss of $120 million, according to the post. Current figures cited in the update show the whale is long 3,000 BTC valued at $216 million and 120,000 ETH valued at $271 million. The average entry price for the BTC position is $72,000, while the ETH position carries an average entry of $2,260. The update did not disclose the identity of the address owner, and the figures were attributed to EmberCN’s monitoring.

According to monitoring data from EmberCN, the largest long address on Hyperliquid has climbed back to breakeven after holding BTC and ETH long positions for nearly four months.

The position is distributed across 11 addresses and is valued at a combined $487 million. EmberCN said the trader had previously been sitting on an unrealized loss of $120 million.

Breakdown data in the post showed the address is long 3,000 BTC worth $216 million, with an average entry price of $72,000. It also holds a long position in 120,000 ETH worth $271 million, with an average entry price of $2,260.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
3300

Disclaimer:

The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.

Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.