ChainCatcher reported, citing Coinglass data, that whale positions on the Hyperliquid platform currently stand at $4.394 billion. Long positions account for $2.198 billion, representing 50.02% of total whale exposure, while short positions account for $2.196 billion, or 49.98%. The reported figures show that large-account long and short positioning on Hyperliquid is almost evenly balanced.
In terms of profit and loss, whale long positions on Hyperliquid show a PnL of negative $83.3024 million. Whale short positions show a PnL of $3.1734 million. Although long exposure is slightly larger than short exposure by the reported share, the long side is currently showing a loss, while the short side is showing a profit.
At the address level, whale address 0x082e..88 opened a 5x fully margined long position on HYPE at a price of $38.6755. The address currently has an unrealized PnL of $40.4648 million. All figures above are based on Coinglass data cited in the ChainCatcher newsflash regarding whale positioning on Hyperliquid.