$20 million ETH buy order: Trader Long Loyalist's 39 positions show $4.63 million in unrealized losses

Odaily reports: According to Onchain Lens monitoring, Trader Long Loyalist (0x64b...2da9) deposited 4.9 million USDC into Hyperliquid 1 hour ago and placed a buy order for 9,630 ETH, worth approximately $20 million. Their existing ETH long position is 4,860 ETH, worth approximately $10.94 million; the unrealized loss across 39 positions is $4.63 million, with a lifetime cumulative loss of $4.29 million.