TechFlow news: On May 29, according to Hyperinsight monitoring data, an address on Hyperliquid—dormant for four months—was reactivated today. After receiving approximately $1.1 million in new funds, it immediately opened a highly leveraged long position on 12,902 ETH at 40x leverage; the position’s notional value is roughly $25.8 million.
As of press time, this long position is currently floating at a loss of $130,000 (–12.8%). Its average entry price is $2,011 per ETH, with a liquidation price at $1,966—less than $40 away from the current market price—making it the closest-to-liquidation address among all ETH “whales” holding positions valued at over $10 million.
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