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Hyperliquid's largest long position whale holds 114,000 ETH in long positions, turning from an unrealized profit of $13 million to an unrealized loss of $10 million

2026-05-17 00:55

According to monitoring by Yu Jin, Hyperliquid's largest long whale holds 114,000 ETH in long positions, valued at $259 million. This long position has shifted from an unrealized profit of $13 million to an unrealized loss of $10 million. The whale opened a 99,000 ETH long position at a price of $2,270 at the end of April, and subsequently added to the position twice on a smaller scale, bringing the total long position in ETH to 114,000 ETH, with an average cost basis of approximately $2,268. Ten days ago, when the ETH price was $2,400, the position was showing an unrealized profit of $13 million; currently, with ETH at $2,180, the position reflects an unrealized loss of $10 million.