A major cryptocurrency whale's long position was liquidated when Ethereum's price dropped to $2,200 at 2:43 AM. The whale had held the position for nearly two months, resulting in a loss of $230 million USDC initially invested in December on Hyperliquid. Despite this setback, the whale still holds assets valued at $4.8 billion, including 901,000 ETH and 33,000 BTC.