Hyperliquid’s largest long contract faces over $90 million in unrealized losses, not yet near liquidation

CoinFeed June 23 news, according to Yu Jin reports, a whale on Hyperliquid has built a long position of approximately $415 million across 7 addresses, currently facing an unrealized loss of about $91.46 million. This includes around 120,000 ETH (approximately $271 million) with an average entry price of about $2,261, and 2,000 BTC (approximately $144 million) with an entry price of about $72,134. The report notes that the whale’s actual leverage ratio is not high, with the current ETH liquidation price around $1,160 and BTC liquidation price around $47,000, posing no significant liquidation risk in the short term.