Hyperliquid Whale Positions Near Balance as ETH Short Faces $11.24 Million Unrealized Loss

Whale positions on Hyperliquid are nearly evenly split between longs and shorts, according to Coinglass data. According to ChainCatcher, total whale holdings on the platform stand at $4.658 billion, with long positions at $2.321 billion, or 49.83%, and short positions at $2.337 billion, or 50.17%.

Long positions are showing a loss of $78.79 million, while short positions are up $9.40 million. A whale address, 0x0ddf..02, is currently holding a 3x isolated short on ETH at $1,700.06 and has an unrealized loss of $11.24 million.