Hyperliquid Whale Positions Reach $7.65 Billion, ETH Short Address Shows $18.67 Million Unrealized Loss

Coinglass data shows whale positions on Hyperliquid total $7.65 billion, with $3.66 billion in long positions and $3.996 billion in short positions. According to ChainCatcher, longs account for 47.78% of positions, while shorts account for 52.22%. Long positions are showing $396 million in profit and loss, while short positions are showing a loss of $448 million. A whale address, 0x5b5d..60, is currently holding a 5x cross-margin ETH short opened at $2,220.62, with an unrealized loss of $18.67 million.