ChainCatcher reported, citing Coinglass data, that whale positions on the Hyperliquid platform currently stand at $4.394 billion. Within that total, long positions account for $2.198 billion, representing 50.02% of the holdings. Short positions account for $2.196 billion, representing 49.98%. The reported figures show that whale long and short exposure on the platform is nearly evenly distributed.
Long and Short PnL, and One Large HYPE Position
In terms of profit and loss, Hyperliquid whale long positions show a PnL of -$83.3024 million, while whale short positions show a PnL of $3.1734 million. These figures correspond to the current PnL status of the whale long and short books reported in the Coinglass dataset.
At the individual address level, whale address 0x082e..88 is holding a 5x cross-margin long position in HYPE at an entry price of $38.6755. The address currently has an unrealized PnL of $40.4648 million. This address is one specific example within the broader Hyperliquid whale-position data referenced in the report.