Hyperliquid Whale Positions Total $7.19 Billion, ETH Short Address Shows $14.15 Million Unrealized Loss

Coinglass data shows whale positions on Hyperliquid totaled $7.19 billion, with long positions at $3.48 billion, or 48.45%, and short positions at $3.71 billion, or 51.55%. According to ChainCatcher, long positions showed $283 million in profit and loss, while short positions showed a $330 million loss. A whale address, 0x5b5d..60, is currently holding a 5x cross-margin short on ETH entered at $2,157.37. The position has an unrealized loss of $14.15 million.