Hyperliquid’s largest ETH long whale, identified as 0x9ee, currently holds $180 million in ETH longs at $3,224 and $94.4 million in XRP longs at $2.29. These positions have declined by $15 million and $7.59 million respectively, resulting in a combined unrealized loss of $22.8 million. The $273 million total exposure follows a significant buying spree that began around November 14, underscoring the trader's continued high-conviction stance despite market pullbacks.