Top-3 ETH long on Hyperliquid sits $9.49M underwater
- —Position: 40,268.75 ETH worth ~$97M at 13x leverage
- —Average entry $2,646.05; liquidation price $2,290.99
- —Only $116.51 of price buffer remains before liquidation
- —Trader already closed 8,250 ETH for a $2.28M realized loss
Why it matters: The position is close to liquidation: a break below $2,291 would force-close roughly $97M and add selling pressure on ETH.
Source: PANews