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Hyperliquid's largest ETH long position's unrealized loss has expanded to $47 million, with a liquidation range of $1617 to $1355.

1 hours ago

June 3rd: Per EmberCN monitoring, as ETH dropped to roughly $1,870, Hyperliquid’s largest ETH long position holder opened a 120,000 ETH long position at an average entry price of $2,261, valued at approximately $271 million. The position now carries an unrealized loss of around $47 million. Data shows this position’s liquidation price range is between $1,617 and $1,355. The nearest liquidation level is only about $250 away from the current ETH price, so any further market decline will heighten the liquidation risk of this large position.
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