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Unrealized loss reaches $58 million, Hyperliquid's largest long position adds 11 million USDC in margin.

SmartContractAuditor
Odaily Planet Daily reports that, according to Yujin monitoring, ETH has fallen by $100 versus yesterday morning. Hyperliquid’s largest long position opened at an average price of $2,261 for 120,000 ETH, worth $271 million, and is currently down $58 million in unrealized losses. To avoid liquidation, over the past 1 day it has gradually topped up 11 million USDC as margin, reducing the liquidation price of the positions closest to liquidation from $1,617 to $1,506—about $250 away from the current price.
USDC0.01%
ETH-6.38%
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