A whale on Hyperliquid is long a combined 98,089 ETH across two addresses, with a notional value of about $248 million.
They’ve put up only around $14.2 million in margin, using 10x and 8x leverage. One position is already sitting on an unrealized loss of $6.77 million.
The liquidation levels are at $2,446 and $2,424—just 3% to 4% below the current price of $2,530.
Put simply, if $2,450 gives way, nearly 100,000 ETH could turn into forced selling. Keep an eye on $2,450 tonight.
They’ve put up only around $14.2 million in margin, using 10x and 8x leverage. One position is already sitting on an unrealized loss of $6.77 million.
The liquidation levels are at $2,446 and $2,424—just 3% to 4% below the current price of $2,530.
Put simply, if $2,450 gives way, nearly 100,000 ETH could turn into forced selling. Keep an eye on $2,450 tonight.