📊 The largest long position on Hyperliquid just flipped from a $13M profit to a $10M loss. That is a brutal $23M swing in market sentiment. 🔍 According to on-chain analyst Yu Jin, this whale is holding 114,000 ETH, valued at roughly $259 million. The position was originally opened with 99,000 ETH purchased at $2,270 back in late April. Two small additions later, the total long ballooned to 114,000 ETH, with an average entry price of approximately $2,268. 📉 With Ethereum now trading well below that entry, the unrealized loss stands at $10 million. This is a stark reminder of how quickly leverage can turn against even the largest players in crypto. 💡 Key takeaway: Whale positions are not invincible. In a volatile market, even the biggest longs can get squeezed. Watch the liquidation levels closely — a cascade could trigger broader market moves. ⚠️ Stay sharp, stay informed. No financial advice.