⚠️ Hyperliquid's largest ETH bull holds 120,000 ETH longs (~$271M notional) at avg entry $2,261 — now $47M underwater with ETH at $1,870. Liquidation levels: $1,617–$1,355. The nearest trigger is only ~$250 away. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: A $271M leveraged long at risk of cascade liquidation is a major downside catalyst. If ETH dips toward $1,617, forced selling from this single position could accelerate the drop. Watch for margin additions or partial closes — if the whale holds, it signals conviction; if liquidated, expect a wick down before recovery. On-chain: https://hypurrscan.io/address/0xa5b0edf6b55128e0ddae8e51ac538c3188401d41#perps --source: https://x.com/EmberCN/status/2061975775889477977 Track real-time signals & trade → https://hupzy.com/trending(Hupzy (Spot On Chain))