Hyperliquid Whales Hold Over $5 Billion in Positions

According to Coinglass data, whale positions on the Hyperliquid platform have reached $5.098 billion in total value. This figure is comprised of both long and short positions, with a ratio of 0.97. Long positions account for 49.19% of holdings at $2.508 billion, while short positions make up the remaining 50.81% at $2.59 billion.

Notably, whale address 0xb83d..36 is actively using ETH with 5x leverage and full margining, currently trading at $1,869.41 per unit. This particular whale's short position on ETH has incurred an unrealized loss of -$2.1327 million.

The data also shows that the profit and loss for long positions stands at -$133 million, while the profit for short positions is $61.7549 million.