Hyperliquid Whale Positions Total $8.047 Billion as Shorts Lead

The figures put whale positions on Hyperliquid at $8.047 billion, with shorts exceeding longs and one wallet’s leveraged Ether position showing $7.957 million in unrealized profit.

Short positions totaled $4.331 billion, or 53.82% of exposure. Long positions came to $3.716 billion, or 46.18%, for a long-to-short ratio of 0.86. The ratio compares the value of long positions with short positions, so a reading below 1 means shorts were larger.

The P&L split pointed the other way: long positions showed a $90.96 million gain, while short positions showed a $68.74 million loss. The long-side gain exceeded the short-side loss by $22.22 million.

Wallet 0x5b5d..60 held a 5x cross-margin short in Ether (ETH), entered at $2,322.73, with $7.957 million in unrealized profit. The same wallet’s Ether short showed $1.92 million in unrealized gain in an earlier report.