Hyperliquid's Largest Long Trader Opens $170M BTC and ETH Positions, Faces $2.39M Unrealized Loss

August 29 news, according to on-chain analyst Ember's monitoring, from yesterday to early this morning, Hyperliquid's largest long trader opened long positions in BTC and ETH through multiple addresses, currently holding $170 million worth of long positions, with a total of 1,000 BTC and 38,000 ETH opened. The average entry price for BTC is $78,758, and for ETH is $2,478.6, with current losses of $2.39 million.