'Hyperliquid Boss Makes a Comeback: From a $120M Unrealized Loss to Holding $487M in Assets'

余烬
余烬|Aug 20, 2026 10:09
Not an easy feat! [Hyperliquid's biggest long position holder] has gone from shouldering an unrealized loss of $120M to breaking even! Over the past 4 months, they've been holding long positions worth $487M in BTC and ETH across 11 addresses—and enduring the pain of being trapped in those positions for 4 months. In total, they went long on 3,000 BTC ($216M) + 120,000 ETH ($271M), with an average BTC entry price of $72K and ETH at $2,260. After two days of explosive gains, they've gone from a peak unrealized loss of $120M in early July to fully breaking even. Some of the addresses: https://((hypurrscan.io))/address/0xa5b0edf6b55128e0ddae8e51ac538c3188401d41 perps https://((hypurrscan.io))/address/0x8ea85cbd59affca28162fc286d5c093dd0f8edbc perps -------------------------------------------------------------------------- Bitget: Join and you're a VIP! Crypto, US stocks, CFDs—global opportunities all in one place.
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