Hyperliquid Whales Hold $5.474 Billion in Leverage Positions
According to data from Coinglass, cited by ChainCatcher, whales on the Hyperliquid platform currently hold positions worth $5.474 billion.
The long/short ratio of these positions is a significant 0.96, indicating that shorts are slightly more prevalent than longs.
Specifically, long positions total $2.676 billion and account for 48.89% of holdings, while short positions total $2.798 billion and make up 51.11%.
The profit and loss for longs is -$32.441 million, and for shorts is -$47.2785 million.
One notable whale address, 0xb83d..36, has made a 5x leverage full short on ETH at the price of $1,860.26, with an unrealized profit and loss of -$5.2169 million at present.