A whale has been holding a 45,000 ETH long position on Hyperliquid since Aug. 31, according to on-chain analyst Ai Yi. The position is using 8x leverage and is currently sitting on an unrealized loss of $4.295 million. At its peak, the trade had shown an unrealized profit of $5.054 million.
The ETH long, valued at $107 million, ranks as the third-largest single-asset position on Hyperliquid. Its entry price was $2,486.37, while the liquidation price stands at $2,181.79. Data cited by Ai Yi also shows that more than $540,000 in funding fees has already been paid.
Ai Yi said this was the first time the address had opened a position. The update offers a snapshot of a large leveraged ETH bet now underwater after previously moving into profit.
According to ChainCatcher, citing on-chain analyst Ai Yi, a whale has held a 45,000 ETH long position with 8x leverage since Aug. 31. The position is currently showing an unrealized loss of $4.295 million after previously reaching a peak unrealized profit of $5.054 million.
Position size and trade details
The ETH long is valued at $107 million and ranks as the third-largest single-asset position on Hyperliquid. The entry price was $2,486.37, and the liquidation price is $2,181.79. More than $540,000 in funding fees has already been paid.
Ai Yi said this was the first position ever opened by the address.
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