Hyperliquid Whales Hold $8.35 Billion as Shorts Outpace Longs

Whale positions on Hyperliquid totaled $8.35 billion, with short exposure exceeding long exposure in the latest snapshot. The imbalance puts short positions at 53.39% of the total, compared with 46.61% for longs.

Long positions amounted to $3.892 billion and had combined unrealized profits of $247 million. Short positions totaled $4.458 billion, with combined unrealized losses of $218 million.

One large position, held by address 0x5b5d..60, was a 5x isolated short on Ether (ETH) opened at $2,322.64. The position carried an unrealized loss of $15.4991 million.