Whale opens 8x leveraged long position on 45,000 ETH

A whale address has been running an 8x leveraged long position on 45,000 ETH since August 31, according to Ai Yi. The position, valued at approximately $107 million, is currently facing a floating loss of $4.295 million after previously reaching a peak floating profit of $5.054 million. Opened on Hyperliquid at an average price of $2,486.37, the position has a liquidation price of $2,181.79 and has incurred over $540,000 in cumulative funding fees.