One address used high leverage to go long 12,900 ETH, and the liquidation price was only about $45 away from the opening price.

CoinFeed reported on May 29th that, according to Ember, a large whale on Hyperliquid with high leverage is facing extremely tight liquidation space after going long on ETH. This address opened a long position of 12,900 ETH on Hyperliquid at approximately 25x leverage and a price of $2,011.7, with a nominal position of approximately $26.1 million. Its liquidation price is $1,967.1, only about $45 away from the opening price; even a slight price fluctuation could trigger liquidation.