The largest long position holder on Hyperliquid has a floating loss of $47 million on its ETH long positions, just $250 away from the liquidation price.

CoinFeed reported on June 3rd that, according to on-chain analyst Ember, the "largest long position holder on Hyperliquid," who opened long positions of 120,000 ETH ($271 million) at an average price of $2,261 after ETH fell to $1,870, is currently experiencing a floating loss of $47 million. His average opening price was $2,261, and his liquidation price ranged between $1,617 and $1,355, with the most recent liquidation price difference being only about $250.