Hyperliquid (HYPE) Long’s Unrealized Gain Falls to $27.59 Million

An address deposited 8.3 million USDC into Hyperliquid over two days to avoid liquidation of a HYPE long as its unrealized gain fell to $27.59 million.

The HYPE long remained open after its unrealized gain had earlier reached $68.26 million. Its new liquidation price was $58.47. An unrealized gain is profit on a position that remains open, rather than a gain realized by closing the trade.