Hyperliquid Whale Holds VIRTUAL Long With $2.4 Million Loss

A Hyperliquid whale continued to hold a VIRTUAL perpetual long opened nearly 17 months earlier, with the position showing an unrealized loss of about $2.4 million as of Oct. 5.

The address, identified as 0x0afb, opened the trade on May 12, 2025, at an average price of about $2.07. The position uses 1x leverage and had a reported return of about -57%.

VIRTUAL perpetuals traded near $0.88 on Oct. 5, up about 11% over 24 hours but roughly 57% below the whale’s entry price. The address still held the long.