Svmuu reports, according to on-chain analyst Yu Jin, ETH price has fallen back near the average entry price of Hyperliquid's largest long position, with the trader's floating profit of approximately $10 million having essentially been erased.
After the price approached the cost basis, the trader slightly increased the position by 9,000 ETH. The total ETH position now stands at 108,000 ETH, valued at $245 million, with an average entry price of $2,271.
Hyperliquid's largest ETH long position increased to 108,000 ETH
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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