An ETH long position with 13x leverage is sitting on an unrealized loss of $9.493 million and remains among Hyperliquid’s TOP 3 positions.
PANews, October 18 — According to monitoring by Yi, this address has become the address with the largest unrealized loss on ETH. Since September 21, address 0x77d…ae0e9 has opened ETH long positions with 13x leverage. It has reduced its position and cut losses by 8,250 ETH, realizing an actual loss of $2.277 million.
It still holds 40,268.75 ETH (worth about $97 million), with an average entry price of $2,646.05 and a liquidation price of $2,290.99, leaving just $116.51 of room before liquidation.
Observation 1: There is only $116.51 of room before liquidation, so even a relatively small price swing could bring the position to its liquidation price. Observation 2: Despite already cutting losses on 8,250 ETH and realizing an actual loss of $2.277 million, the position remains in the TOP 3.
Would you watch the liquidation price of $2,290.99 first, or the average entry price of $2,646.05?
Image 1: Hyperliquid TOP 3 ETH position with an unrealized loss of $9.493 million; it still holds an ETH long position worth about $97 million · Partial screenshot of the source page
Image source: https://www.panewslab.com/zh/articles/01a14cdb-d121-7559-be0c-a517398f1a02
PANews, October 18 — According to monitoring by Yi, this address has become the address with the largest unrealized loss on ETH. Since September 21, address 0x77d…ae0e9 has opened ETH long positions with 13x leverage. It has reduced its position and cut losses by 8,250 ETH, realizing an actual loss of $2.277 million.
It still holds 40,268.75 ETH (worth about $97 million), with an average entry price of $2,646.05 and a liquidation price of $2,290.99, leaving just $116.51 of room before liquidation.
Observation 1: There is only $116.51 of room before liquidation, so even a relatively small price swing could bring the position to its liquidation price. Observation 2: Despite already cutting losses on 8,250 ETH and realizing an actual loss of $2.277 million, the position remains in the TOP 3.
Would you watch the liquidation price of $2,290.99 first, or the average entry price of $2,646.05?
Image 1: Hyperliquid TOP 3 ETH position with an unrealized loss of $9.493 million; it still holds an ETH long position worth about $97 million · Partial screenshot of the source page
Image source: https://www.panewslab.com/zh/articles/01a14cdb-d121-7559-be0c-a517398f1a02