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.

