ChainCatcher reported, citing Coinglass data, that whale positions on the Hyperliquid platform currently amount to $3.942 billion. By direction, long positions total $1.96 billion, accounting for 49.73% of the overall whale exposure, while short positions total $1.982 billion, accounting for 50.27%. Based on the reported figures, short exposure is slightly larger than long exposure, although the two sides remain close in proportion.
Long and Short PnL, Plus a Specific ETH Whale Position
In terms of profit and loss, whale long positions on Hyperliquid show a PnL of -$205 million, while whale short positions show a PnL of $146 million. The figures indicate that, within the whale positions tracked on the platform, the short side is currently recording positive PnL, while the long side is showing losses.
Coinglass data also identifies a specific whale address, 0x0ddf..02, which opened a 3x full-margin short position on ETH at a price of $1,810.16. The address currently has an unrealized PnL of $9.1898 million. The information was disclosed by ChainCatcher based on Coinglass data.