A certain whale's long position on ETH is currently at a floating loss of over $9.49 million, and still holds a $97 million long position on ETH.

October 18 - According to on-chain analyst Ai Yi (@ai_9684xtpa), the whale address 0x77d…ae0e9, which holds the third-largest ETH position on Hyperliquid, has seen its unrealized loss on its ETH long position reach $9.493 million, making it the address with the largest unrealized loss on ETH on the platform.

The address has been building a 13x leveraged ETH long position since September 21, during which it has reduced its position by 8,250 ETH, realizing a loss of $2.277 million. It currently still holds a long position of 40,268.75 ETH, with a position value of approximately $97 million, an average entry price of $2,646.05, and a liquidation price of $2,290.99. The ETH price is about $116.51 away from its liquidation price.