Data: Hyperliquid's largest ETH long position has an unrealized loss expanded to $73.66 millions, with a liquidation range between $1,300 and $1,400.

According to ChainCatcher, as monitored by on-chain analyst Ember (@EmberCN), ETH has continued to decline recently. The largest long position on Hyperliquid, with an average entry price of $2,261 for 120,000 ETH (approximately $271 million), has now expanded its unrealized loss to $73.66 million.

To mitigate liquidation risk, this address recently added $26 million in margin, lowering the liquidation price range from the previous $1,617–$1,355 to $1,300–$1,400. However, the current ETH price has dropped to $1,870, only about $470 away from the most recent liquidation threshold, with increasing pressure to reduce positions and cut losses.