ChainCatcher reported, citing Coinglass data, that whale positions on the Hyperliquid platform currently total $4.135 billion. By direction, long positions amount to $2.109 billion, representing 51% of total whale holdings, while short positions amount to $2.026 billion, representing 49%. The figures show that the long and short sides are close in size, with longs slightly higher than shorts.
Long and Short PnL, and a HYPE Whale Position
In terms of profit and loss, whale long positions on Hyperliquid are showing PnL of -$119 million, while whale short positions are showing PnL of $36.3405 million. Under the Coinglass data set cited in the report, the short side is recording positive PnL, while the long side is recording negative PnL.
For a specific address, whale address 0x082e..88 opened a 5x full-position long on HYPE at a price of $38.6755. The current unrealized PnL for this position is $39.3401 million. All position, allocation and PnL figures above are based on Coinglass data referenced by ChainCatcher.