ETH whale with a $22.8M long nears liquidation as prices slide

ChainCatcher reports that Hyperinsight data shows whale address 0x535 holds one of Hyperliquid's three largest ETH long positions and is now just $50 from liquidation, the tightest margin among the platform's multimillion-dollar whales. The wallet has about $22.8 million in ETH longs with a liquidation price of $2,237 and an unrealized loss of roughly $390,000 (43.7%). The address also maintains long exposure in other assets including BTC and HYPE. If prices continue to fall, liquidation thresholds across its positions would move higher. By comparison, the second-largest ETH long is held by "Maji" Huang Licheng, with a $35.68 million position and a liquidation price of $2,215. He also holds about $42.7 million in BTC longs, with liquidation risk increasing as thresholds are adjusted upward. Addresses: 0x535e34b5ada64997afc88444271ae9b3f82b3867, 0x020ca66c30bec2c4fe3861a94e4db4a498a35872.