Two Hyperliquid Wallets Hold 80,000 ETH Long Positions With $5.89 Million Unrealized Profit

According to on-chain analyst Ai Yi, the two addresses hold 80,000 ETH long positions worth $186 million at an average entry price of $2,265 and have not reduced the exposure since April 30.

ETH
HYPE

Summary

Two wallet addresses on Hyperliquid hold a combined 80,000 ETH in long positions and are showing about $5.89 million in unrealized profit, up from the previously reported $3.11 million. According to on-chain analyst Ai Yi, the positions are worth about $186 million in total and were opened at an average entry price of $2,265. The whale has not reduced the position since opening it on April 30, indicating the exposure remains fully in place.

Terms & Concepts
  • Long position: A trade that profits if the asset price rises. In crypto derivatives, it is commonly used to express a bullish market view.
  • Unrealized profit: Paper gains on an open position that have not been locked in because the trade has not been closed yet.
  • Hyperliquid: A decentralized trading platform known for perpetual futures markets, where traders can take leveraged crypto positions on-chain.