Whale Sells 1,500 ETH to Boost Margin as Unrealized Losses on Long Position Hit $4.8 Million

On-chain analyst @ai_9684xtpa reported that a whale holding a 45,000 ETH long position sold 1,500 ETH worth approximately $3.75 million to add margin to Hyperliquid. The whale realized a profit of about $618,000 from the sale. The total long position, valued at $107 million, now faces an unrealized loss of $4.8 million, with a liquidation price of $2,173.36, approximately $207 away from the current market price.