A certain whale opened a long position with $271 million worth of ETH, with unrealized losses reaching up to $27.92 million.

BlockBeats News, May 23 — According to EmberCN monitoring, as ETH drops to around the $2,000 mark, the 120k ETH (worth $271 million) long position held by the "Hyperliquid Largest Long Whale" is currently showing a loss of up to $27.92 million.

Its average opening price is $2,261. Among the whale address clusters, two addresses have liquidation prices around $1,750, and another two addresses have liquidation prices around $1,350.

ETH-2.69%
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EveningBreezeBorrower
· 35m ago
The 1750 and 1350 liquidation levels are quite well-designed with a good sense of hierarchy.
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YieldYeti
· 1h ago
Hyperliquid sounds aggressive, and the positions are even more aggressive.
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GateUser-5915cf06
· 5h ago
Top-tier big shots will find ways to profit; it's beyond what us small retail investors can imagine!
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ContractsMustNotLie.
· 6h ago
The average opening position is 2261, now at 2000, this unrealized loss really hurts to watch.
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ProtocolPicnic
· 6h ago
Four addresses are divided into warehouses; it seems they still understand a bit about risk diversification.
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WalletPermissionAdministrator
· 6h ago
This kind of size usually wouldn't wait until liquidation, right? Either add margin or hedge.
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BlueGlassJelly
· 6h ago
Waiting for a 1750-pin connector, the on-chain liquidation scene is expected to be spectacular.
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ShellsLeftBehindByTheReceding
· 6h ago
ETH drops back to 2000, and the entire DeFi leverage is trembling.
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BlueMultisig
· 6h ago
27.92 million floating loss, enough for me to relax in a second-tier city for ten generations.
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GasFeeGambit
· 6h ago
Whales are also humans and can place large orders, but they handle orders in the billion-dollar range.
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