ChainCatcher reported, citing Coinglass data, that whale positions on Hyperliquid currently total $4.227 billion. Long positions amount to $2.103 billion, representing 49.76% of total whale holdings on the platform. Short positions amount to $2.123 billion, representing 50.24% of the total. Based on the reported allocation, whale positioning on Hyperliquid is nearly evenly split between long and short exposure, with short positions slightly higher in notional value.
In terms of profit and loss, long positions currently show a PnL of -$151 million, while short positions show a PnL of $80.263 million. The figures cited in the report summarize the direction, size and PnL status of whale accounts on Hyperliquid as tracked by Coinglass, covering both long-side and short-side positions.
The report also highlighted a specific whale address, 0x0ddf..02. This address is using 3x full-margin exposure to short ETH at a price of $1,810.16. According to the same data, the address currently has unrealized PnL of $8.6318 million on that ETH short position. The original news item did not disclose the address’s opening time, margin size or closing arrangement.