Whale Holding 45,000 ETH Long Position Faces $4.29 Million Unrealized Loss

A whale address on Hyperliquid, which opened a 45,000 ETH long position with 8x leverage on August 31, is currently facing an unrealized loss of approximately $4.29 million. The position, valued at roughly $107 million, had previously seen a peak unrealized profit of over $5 million. The entry price was $2,486.37, with a liquidation price set at $2,181.79, and the trader has paid over $540,000 in funding fees to date.