Hyperliquid's Largest Long Position Sees $91.46 Million Floating Loss, Holding 120K ETH and 2,000 BTC

Hyperliquid's Largest Long Position Sees $91.46 Million Floating Loss, Holding 120K ETH and 2,000 BTC

N
News Editor
2026-06-23 14:35:59
On-chain data shows the largest long position on Hyperliquid, held across seven addresses, is currently experiencing a floating loss of $91.46 million on a $415 million position consisting of ETH and BTC, with moderate leverage.
Hyperliquidlong positionfloating lossEthereumBitcoinon-chain dataEmber

According to on-chain analyst Ember's monitoring data, the largest long position on the Hyperliquid platform, jointly held by seven addresses, has incurred a significant floating loss. The total position is valued at approximately $415 million, with an accumulated floating loss of $91.46 million.

The specific holdings include 120,000 Ether (ETH), worth about $271 million at current prices, and roughly 2,000 Bitcoin (BTC), valued at around $144 million. The average entry price for ETH is $2,261, while for BTC it is $72,134. Despite the massive position size, the actual leverage ratio is not at an extreme level. The liquidation price for ETH is set at approximately $1,160, and for BTC at around $47,000, providing some buffer for the position.

Currently, the floating loss represents approximately 22% of the total position value. Given the moderate leverage, the risk of forced liquidation in the near term is relatively limited unless extreme market movements occur.

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