The largest ETH holder on Hyperliquid added 5,000 new tokens when the price dropped to around $1,950. According to Ember data, this address now holds 105,000 ETH ( valued at approximately $205 million at the opening price of the position), maintaining an average entry between $2,029 and $2,060.

With the current price at $2.07K, this investor is facing an unrealized loss of $10.43 million. As reported by Foresight News, the move demonstrates that large players continue to increase their exposure during downturns, signaling confidence in the asset's long-term recovery.