Whale Address 0x9ee Holds Largest ETH, XRP Long Positions on Hyperliquid With $26M Unrealized Loss

A whale address (0x9ee) holds approximately $149 million in ETH long positions at an average entry price of $3,201 and $80.8 million in XRP longs at $2.29, facing combined unrealized losses of $26 million, HyperInsight data show on December 1. The ETH position shows an unrealized loss of $18.32 million with liquidation at $2,443, while the XRP position has unrealized losses of $8.11 million. The address previously held the largest ASTER short position with 3x leverage on November 2 after CZ's purchase, closed at breakeven on November 17, then shifted to ETH longs and experienced partial liquidation on November 21 resulting in $7.3 million in realized losses.