Adding 5.74 million in margin to hold firm—the floating loss has already come close to three times the principal. If this liquidation line dips any further, HyperLiquid is going to witness another history-making liquidation, isn’t it?

CryptoWorld News: The largest ETH long position added $5.7 million in margin this morning to save itself, with unrealized losses reaching as high as $51.5 million. Currently, unrealized losses have slightly narrowed to $47.5 million. The initial capital for this position was approximately $16.5 million, and the loss is nearly three times the principal. Monitoring shows that the liquidation price for this address is as high as $1,716. To avoid forced liquidation, the address urgently topped up margin to three addresses within the past 6 hours, totaling about $5.74 million, with the recent liquidation line moved down to $1,573. Currently, this whale holds a total of 120k ETH long on HyperLiquid (about $224 million), with an overall leverage of approximately 18x, and an average entry price of around $2,270.