Hyperliquid whale position sudden change: short positions dominate, giant whale's 5x long ETH has already lost tens of millions

【BiTu】According to the latest data from Coinglass, the whale holdings on the Hyperliquid platform are quite interesting. The total position size is $6.495 billion, but the long and short positions are clearly divided—longs amount to $3.149 billion, accounting for 48.47%, while shorts are $3.347 billion, accounting for 51.53%, with the bears slightly in the lead.

In terms of profit and loss, longs have already unrealized losses of $161 million, while shorts have made an unrealized profit of $238 million. This stark contrast indicates that recent market volatility has indeed put pressure on the bulls.

More specifically, a whale address 0xb317…ae went all-in with 5x leverage on longs when ETH price was $3,147.39, but now it has an unrealized loss of $10.6333 million. This order clearly bets on a rebound, but so far, the market hasn’t given that opportunity.