TechFlow News: On June 5, blockchain analyst Yu Jin (@EmberCN) observed that ETH has been experiencing a sustained decline. A Hyperliquid position—opened by the platform’s largest long holder at an average price of $2,261 for 120,000 ETH (approximately $271 million)—has now incurred a floating loss of $73.66 million. To mitigate liquidation risk, the address recently added $26 million in margin, adjusting the liquidation price range downward from $1,617–$1,355 to $1,300–$1,400. However, ETH’s current price has fallen to $1,870—only about $470 above the nearest liquidation threshold—intensifying pressure to stop losses and reduce position size.
Add to Favorites
Share to Social Media
