Whales on Hyperliquid currently hold $8.545 billion in positions, with a long/short ratio of 0.87. According to ChainCatcher, CoinGlass data show that long positions total $3.986 billion, or 46.65% of holdings, while short positions total $4.558 billion, or 53.35%. Long positions have $275 million in profit, while short positions have $259 million in losses.

The whale address 0x5b5d..60 is holding a 5x cross-margin short position in ETH opened at $2,322.65, with an unrealized loss of $13.83 million.