Hyperliquid Whale Positions Reach $7.139 Billion, Coinglass Data Shows

Coinglass data shows that whale positions on the Hyperliquid platform currently total $7.139 billion, with long positions at $3.375 billion, or 47.27%, and short positions at $3.765 billion, or 52.73%. According to ChainCatcher, long positions show a profit of $232 million, while short positions show a loss of $252 million. One whale address, 0x5b5d..60, is holding a 5x cross-margin ETH short opened at $2,296.09. The position is currently showing an unrealized loss of $11.0262 million.