Long Loyalist Places $20 Million Ether (ETH) Order on Hyperliquid

Long Loyalist placed a Hyperliquid order for 9,630 Ether (ETH), worth about $20 million, nearly twice the trader’s existing long by token count.

The existing long totaled 4,860 ETH and was valued at about $10.94 million. Long Loyalist also deposited 4.9 million USDC into Hyperliquid.

Across 39 positions, unrealized losses totaled $4.63 million, while total profit and loss showed a $4.29 million loss. The unrealized loss was $340,000 greater than the total loss.