Hyperliquid ETH faces three commission walls totaling $113 million Hyperliquid ETH/USDC has three open warehouse commission walls distributed near the perpetual location: -$2280~$2356: Buy 16300 ETH, approximately $37.87 million -$1800~$210: Buy 10500 ETH, approximately $2 million -$2687~$2876.1: Buy 20000 ETH, approximately $55.41 million According to tracking, the largest hanging orders on both sides are from 0xa61c... 66b9. The address currently holds multiple orders of 9398 ETH, valued at $228.2 million, with a cost of $2375 and a floating profit of $500000; But the sell orders above it are not profit taking, but open short orders without reducing positions. That is to say, this whale is not simply betting on a rise, but is placing a two-way risk exposure between $2280 and $2876. The other address 0x4e23... 20c3 is only cascaded at deeper positions.