Bit-linked entities build 33,000 ETH Hyperliquid position, face $2.48 million loss

  • Bit-linked entities increased their combined ETH long position on Hyperliquid.
  • 33,000 ETH was valued at $79.3 million, with a $2.48 million unrealized loss.
  • The combined position became Hyperliquid’s fifth-largest ETH position after the increase.

Bit-linked entities tracked by on-chain analyst Ai Yi increased their combined ETH long position on Hyperliquid to 33,000 ETH, valued at $79.3 million. The position became the platform’s fifth-largest ETH holding after the increase but is currently showing an unrealized loss of $2.48 million. The entities had previously earned $55.095 million from ETH long positions.

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