According to Coinglass data, whales on Hyperliquid currently hold $4.693 billion in total positions, with a nearly balanced long/short ratio (48.5% long vs 51.5% short). Both sides are underwater, with longs losing $96.28M and shorts losing $21.0M. Notably, one whale address (0x50b3..20) opened a 23x full-margin short on ETH at $1,541.36, now facing an unrealized loss of $6.63 million.
ChainCatcher reports, citing Coinglass data, that Hyperliquid platform whale positions currently total $4.693 billion. Long positions account for $2.275 billion (48.48% of total), while short positions stand at $2.418 billion (51.52%). Both sides are incurring losses: longs have lost $96.2754 million and shorts $21.0012 million.
Specifically, whale address 0x50b3..20 opened a 23x full-margin short position on ETH at $1,541.36, currently showing an unrealized loss of approximately $6.63 million. This high-leverage bet reflects a bearish outlook on ETH in the short term, albeit with significant mark-to-market pressure.
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