Hyperliquid’s largest $233 million long turns to $3.39 million loss

  • Hyperliquid’s largest long position turned from profit to an unrealized loss.
  • $3.39 million is the current unrealized loss on the $233 million position.
  • The trader reopened 1,400 BTC and 50,000 ETH longs from Aug. 28.

Hyperliquid’s largest long position, valued at $233 million, has shifted from profit to a current unrealized loss of $3.39 million, according to on-chain analyst Ember, as reported by Odaily. The position consists of 1,400 BTC bought at an average price of $78,672 and 50,000 ETH bought at an average price of $2,469. The BTC position is down $1.94 million, while the ETH position is down $1.45 million. The trader reopened these positions from Aug. 28 after closing $537 million in long positions on Aug. 25 for a profit of $61.72 million.

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