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A whale holds a $2.4M unrealized loss on a 17-month-old VIRTUAL perpetual long position.

Market News
05 Oct 2026
Tokenpost
View Source
Bearish
A whale holds a $2.4M unrealized loss on a 17-month-old VIRTUAL perpetual long position.

A large investor known as a Hyperliquid whale has maintained a VIRTUAL perpetual long position opened nearly 17 months ago, currently showing an unrealized loss of about $2.4 million. The position was initiated on May 12, 2025, at an average price of $2.07 with 1x leverage. As of October 5, the VIRTUAL perpetual price was around $0.88, about 57% below the entry price, though it had risen 11% in the last 24 hours. Despite the significant loss, the whale continues to hold the position, indicating a long-term investment strategy or expectation of price recovery.

The Hyperliquid whale's virtual long position is noted here as market context. For readers following cryptocurrency, here is Pluang's market snapshot as of Oct 05, 2026 16:51 WIB: 29 of 50 major cryptocurrencies rose, 19 fell. BAT rose 4.82% to Rp1.866 with 92% sell orders. AXS fell 3.69% to Rp23.711 with 69% buy orders. DOGE rose 3.05% to Rp1.722 with 75% buy orders.

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