ChainCatcher reported, citing Coinglass data, that whale positions on the Hyperliquid platform currently stand at $3.945 billion. Long positions account for $1.98 billion, or 50.2% of the total, while short positions account for $1.965 billion, or 49.8%. Based on these figures, the platform’s whale positioning is nearly evenly split between long and short exposure.
Long and short P&L diverge
In terms of profit and loss, Coinglass data shows that whale long positions on Hyperliquid have a P&L of -$230 million, while whale short positions have a P&L of $172 million. The figures refer to the current tracked whale positions on the platform and show a clear difference between the performance of long and short exposure at the time of the data snapshot.
At the address level, the whale address 0x0ddf..02 opened a 3x fully margined short position on ETH at a price of $1,810.16. Its current unrealized P&L is $10.0598 million. This address was included in the reported Hyperliquid whale-position data cited from Coinglass.