A significant Ethereum long position has been established by address 0xa5B…01D41 on the Hyperliquid platform. The address, which recently incurred a $9.63 million loss from a previous long position, has opened a new 15x leveraged long position, holding 60,000 ETH valued at $122 million. The average entry price for this position is $2,060.12, with a current unrealized loss of $1.71 million.
In the past three hours, the address has added $7.5 million USDC as margin to Hyperliquid and reduced its position by 4,000 ETH, resulting in a $109,000 loss. This position is currently the largest ETH long on the platform.
Major Ethereum Long Position Emerges on Hyperliquid
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