📊 Top ETH Positions on Hyperliquid

Snapshot: Oct 7, 2026

The largest ETH positions on Hyperliquid are heavily long-biased.

🔹 HYPE Millionaire
Position: $145.7M Long
Leverage: 8×
Unrealized PnL: −$110K

🔹 HL Perps Perma-Bull
Position: $105.6M Long
Leverage: 10×
Unrealized PnL: −$6.0M

🔹 Machi Big Brother
Position: $99.9M Long
Leverage: 25×
Unrealized PnL: −$5.3M

🔹 HL Perps Majors Trader
Position: $77.6M Long
Unrealized PnL: +$11.9M

🔹 Another Major Position
Position: $51.2M Long
Unrealized PnL: +$11.8M

📌 What stands out?

The biggest ETH positions are clearly leaning long, but the PnL picture is mixed.

Some of the largest traders are sitting on significant unrealized losses, while others are currently holding substantial profits.

Long-heavy positioning doesn't automatically mean bullish continuation. Large leveraged positions can also create significant liquidation risk if ETH moves sharply against them.

Source: Hyperliquid perp-position snapshot.

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