Hyperliquid's largest long position took profits on 40,000 ETH after the ETH price rose 8%, netting a profit of $14.8 million.

According to Odaily Odaily, monitoring by Ember, the largest long position on Hyperliquid closed out 40,000 ETH two hours ago, worth $94.44 million, for a profit of $14.8 million. This trader had previously opened long positions on Hyperliquid worth $290 million, and with the price rebound, has accumulated a profit of $47.92 million. This includes a long position of 120,000 ETH opened near $2,000, currently profitable at $43.2 million, and a long position of 700 BTC opened at $68,420, currently profitable at $4.72 million. The trader currently still holds long positions of 80,000 ETH and 700 BTC.