ETH whale 0x535 inches from liquidation on Hyperliquid, margin at $2,237
Huoju Finance, citing Hyperinsight monitoring, said whale address 0x535 holds the most vulnerable multimillion-dollar position on Hyperliquid. The address's top three long positions are roughly $50 from liquidation.
The whale currently has about $22.8 million in ETH long exposure, with a liquidation price of $2,237 and an unrealized loss of around $390,000 (43.7%). It also maintains long positions in BTC, HYPE and other assets. If prices keep falling, liquidation thresholds across its positions are expected to move higher.
For comparison, the platform's second-largest ETH long holder, Huang Licheng ("Maji"), has a $35.68 million ETH long position with a liquidation price of $2,215, plus about $42.7 million in BTC longs, and is also exposed to rising liquidation levels.
Addresses: 0x535e34b5ada64997afc88444271ae9b3f82b3867, 0x020ca66c30bec2c4fe3861a94e4db4a498a35872.