A major trader on Hyperliquid has amassed sizable ETH and XRP leveraged longs, now posting substantial unrealized losses following a November buying surge.
Hyperliquid’s largest ETH long whale, identified as wallet 0x9ee, holds $180 million in ETH longs at $3,224 and $94.4 million in XRP longs at $2.29. These positions are currently down $15 million and $7.59 million respectively, totaling $273 million with $22.8 million in unrealized losses. The holdings were built during a November 14 buying spree, underscoring the risks associated with large leveraged positions in volatile crypto markets.