Hyperliquid Whale Positions Reach $2.9 Billion, Coinglass Data Shows

Hyperliquid platform's whale positions currently total $2.9 billion, according to Coinglass data. According to ChainCatcher, long positions amount to $1.401 billion, representing 48.32% of the total, while short positions stand at $1.499 billion, accounting for 51.68%. Long positions have incurred a loss of $108 million, whereas short positions have gained $216 million. Notably, a whale address, 0x6c85..f6, engaged in a 20x leveraged long position on ETH at a price of $2029.38, is currently facing an unrealized loss of $858,800.