Floating loss of $73.66 million, Hyperliquid's largest ETH long opens 120,000 ETH long position

Odaily Planet Daily News According to on-chain analyst Yu Jin's monitoring, ETH has been dropping more than $100 daily in recent days. Hyperliquid's largest ETH long opened a 120,000 ETH long position at an average price of $2,261, worth $271 million, and is currently facing a floating loss of $73.66 million. The liquidation prices for several of its positions are between $1,300 and $1,400; after adding $26 million in margin in recent days, the liquidation line for the positions has decreased.