Hyperliquid's maximum ETH long position floating loss of $580 million, supplemented with $110 million USDC margin

According to the monitoring by Yu Jin, Hyperliquid, which was long by 120000 ETH (worth 271 million US dollars) at an average price of 2261 US dollars, currently has a floating loss of 580 million US dollars. To avoid liquidation of positions, the address has gradually replenished 110 million USDC margin in the past day, reducing the liquidation price from $1617 to $1506.