Hyperliquid perpetuals are experiencing the risk of ultra-large whale positions. A leading address currently holds approximately $744 million in long positions on the platform, spread across BTC, ETH, and SOL futures contracts, with the ETH position being the largest (around $550 million-$595 million). Due to recent market corrections, this major holder is currently showing an unrealized loss of about $53 million-$55 million. Such a large single position poses significant risks both for individual risk management and for platform liquidity—if the market continues to decline or experiences rapid volatility, it could trigger a chain reaction. It is important to keep a close watch on the position movements of these ultra-large whales.
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DarkPoolWatcher
· 7h ago
Position of $744 million, this guy is really fierce... ETH alone has over $550 million, it would be disastrous if he dumps the market.
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EthSandwichHero
· 7h ago
744 million USD is backed by ETH, buddy, how much confidence do you have... A wave of correction and you lost over 50 million, feels like Hyperliquid is about to shake up the game.
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LucidSleepwalker
· 7h ago
744 million directly all-in, this guy's heart must be really strong... Saying he's not heartbroken over a 55 million floating loss is probably a lie.
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TommyTeacher
· 7h ago
Damn, 744 million directly go all-in on Hyperliquid, this guy's really bold... Let's wait and see the liquidation show.
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ETH position of 595 million? This risk exposure is outrageous, sooner or later you'll get burned.
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It's always whales and liquidity risks, same old excuse every time... Anyway, I'm just waiting to see how he runs.
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Floating loss of over 50 million and still not closing the position, really a gambler's mentality haha.
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How does Hyperliquid allow a single address to hold such a large position? What about risk control?
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When big players run, it's game over; small traders still pick up the pieces. This game is really interesting.
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You can go all-in with 500,000 on a 700 million position, leverage is great, but it can blow up just as fast.
Hyperliquid perpetuals are experiencing the risk of ultra-large whale positions. A leading address currently holds approximately $744 million in long positions on the platform, spread across BTC, ETH, and SOL futures contracts, with the ETH position being the largest (around $550 million-$595 million). Due to recent market corrections, this major holder is currently showing an unrealized loss of about $53 million-$55 million. Such a large single position poses significant risks both for individual risk management and for platform liquidity—if the market continues to decline or experiences rapid volatility, it could trigger a chain reaction. It is important to keep a close watch on the position movements of these ultra-large whales.