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Hyperliquid's largest long position holder is now facing an unrealized loss of $27.92 million on their 120,000 ETH long position

2026-05-23 09:27

According to on-chain analyst EmberCN's monitoring, as ETH has fallen near the $2,000 mark, the largest long position holder on Hyperliquid is now facing an unrealized loss of $27.92 million on their 120,000 ETH ($2.71 billion) long position. The average entry price for this 120,000 ETH long position is $2,261, and ETH is now approaching a drop below $2,000. The liquidation price for two of the addresses is around $1,750, while the liquidation price for the other two addresses is around $1,350.