Hyperliquid The whale address holds VIRTUAL a long position for nearly 17 months, with an unrealized loss of approximately 2400000 USD
BIBIBI
AT A GLANCE
A Hyperliquid address holds a VIRTUAL long position, with an unrealized loss of approximately 2400000 USD。
Article
🔍 On-chain Detective | A whale 1 x leveraged long VIRTUAL, holding more than 1 years with an unrealized loss of approximately 2400000 USD BlockBeats reports that October 5, according to TradingBeats monitoring,Hyperliquid the whale address 0x0afb still holds a large VIRTUAL long position, with a position size of 1 x leverage and an average entry price of approximately 2.07 USD, with a current unrealized loss of approximately 2400000 USD, and a position return of approximately -57%.
The address established this May 12, 2025 long position on VIRTUAL, and has held it continuously to date; the holding period is now nearly 17 months.Hyperliquid The VIRTUAL perpetual contract is currently quoted at approximately 0.88 USD，24 and is up approximately 11%over the past hour, but remains approximately 57%below the address’s average entry price.
Original link https://m.theblockbeats.info/flash/370308
Key points
01
BlockBeats, relaying monitoring by TradingBeats, reported that the Hyperliquid address 0x0afb still holds a large VIRTUAL long position.
02
The position uses 1 x leverage, with an average entry price of approximately 2.07 USD, a current unrealized loss of approximately 2400000 USD, and a position return of approximately -57%。
03
The address established this position on May 12, 2025 and has continued to hold it; the holding period is now nearly 17 months.
04
Hyperliquid The VIRTUAL perpetual contract is currently quoted at approximately 0.88 USD，24 and is up approximately 11%。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Going long means betting that the price will rise; 1 1x leverage means the position has not been leveraged up. Since the current price is below approximately 2.07 USD the average entry price of the position, the address is in an unrealized loss position.
Why it matters to readers
This shows that the address’s long position remains under price pressure, but the position of a single address cannot prove that it will cause VIRTUAL price movements.
This can be used to understand the relationship between the average entry price, unrealized loss, rate of return, and leverage; unrealized loss may generally continue to change before the position is closed.
Risks and unknowns
The information is BlockBeats’ account of TradingBeats monitoring data; the material does not provide original on-chain position records or independent cross-verification.
The material cannot confirm whether the address has recently closed, increased, or reduced its position, or added margin.
The position alone cannot determine VIRTUAL future price movements or its impact on the market.
Related Developments
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Related concepts
Going Long
A trader establishes a corresponding directional position in a contract in anticipation of the underlying asset’s price rising.
