Coinglass Data Show Hyperliquid Whale Holds $4.69B in Positions, Slightly Net Short

A whale on Hyperliquid is holding $4.69 billion in total positions, with short exposure slightly exceeding longs, according to Coinglass data. According to ChainCatcher, the whale’s long positions total $2.28 billion, representing 48.48% of holdings, while short positions total $2.42 billion, representing 51.52%. The data show the whale’s profit and loss stands at -$96.28 million on long positions and -$21.00 million on short positions. ChainCatcher also reported that a whale address, 0x50b3..20, opened a 23x cross-margin short position on ETH at a price of $1,541.36. The position currently shows an unrealized loss of -$6.63 million.