The largest long position on Hyperliquid, holding 120,000 ETH, is currently facing a floating loss of up to $27.92 million.

According to Odaily, on-chain analyst Yujin has monitored that as ETH fell near the $2,000 mark, the largest long position on Hyperliquid—with 120,000 ETH ($271 million)—has now reached an unrealized loss of as much as $27.92 million. The average entry price for this 120,000 ETH long position is $2,261, and currently ETH is close to falling below $2,000. Among these, the liquidation prices for two addresses are around $1,750, while the other two addresses have liquidation prices close to $1,350.