ChainCatcher reported, citing Coinglass data, that current whale positions on the Hyperliquid platform total $4.488 billion. By direction, long positions amount to $2.234 billion, accounting for 49.78% of total whale holdings, while short positions stand at $2.254 billion, accounting for 50.22%. Based on these figures, short exposure is slightly higher than long exposure by 0.44 percentage points, with the difference in position size at about $20 million.
Long and short PnL diverge
The reported profit-and-loss figures show a clear split between the two sides. Whale long positions currently show PnL of negative $83.9005 million, while whale short positions show PnL of positive $11.7525 million. These figures refer specifically to the whale position and PnL data tracked by Coinglass for Hyperliquid.
For an individual wallet, the whale address 0x0ddf..02 is using 3x full-margin to short ETH at a price of $1,810.16. The position currently has unrealized PnL of $5.7038 million. This is the specific whale case disclosed in the source data, with ETH as the asset and the position direction recorded as short.