Hyperliquid whale holds VIRTUAL long for 17 months with $2.4M unrealized loss
- —Average entry price of the VIRTUAL long is about $2.07
- —VIRTUAL perpetual price on Hyperliquid is around $0.88
- —Unrealized loss on the position is roughly $2.4 million (-57%)
- —The position was opened on May 12, 2025 with 1x leverage
Why it matters: It highlights how large holders keep deeply underwater altcoin longs, which could pressure the price if the position is closed.
Source: TokenPost