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“Hyperliquid’s Biggest Bulls” ETH longers’ unrealized losses have reached $10 million
Mars Finance News, on May 17, according to Ember Monitoring, “Hyperliquid’s largest long position leader” has 114k ETH ($259 million) in long positions, which has gone from a floating profit of $13 million to a floating loss of $10 million.
This trader opened a long position of 99k ETH at $2,270 at the end of April, and then made two small additional purchases, bringing his total ETH long position to 114k ETH ($259 million).
The average cost price is about $2,268.
Currently, his position has gone from a floating profit of $13 million when ETH was $2,400 ten days ago to a floating loss of $10 million at ETH $2,180.