Hyperliquid Whales Hold $4.857B With 0.98 Long-to-Short Ratio

According to Coinglass data, Hyperliquid platform whales currently hold $4.857 billion in open positions, with long positions at $2.403 billion (49.48%) and short positions at $2.454 billion (50.52%). Long positions show unrealized gains of $34.611 million, while short positions are down $84.0285 million.

A major whale address (0x0ddf..02) is running a 3x leveraged Bitcoin short at an entry price of $69,423.2, currently facing unrealized losses of $4.9626 million.