Data: Hyperliquid's maximum ETH long position unrealized loss has expanded to 73.66 million USD, with a liquidation range of 1300 to 1400 USD

According to on-chain analyst Yu Jin (@EmberCN), ETH has been continuously declining recently, and the largest long position on Hyperliquid, which opened 120,000 ETH (approximately $271 million) at an average price of $2,261, has seen its unrealized loss expand 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 to $1,355 down to $1,300 to $1,400. However, the current ETH price has dropped to $1,870, which is only about $470 away from the recent liquidation line, and the pressure from stop-loss and position reduction continues to intensify.