Hyperliquid platform whales currently hold positions totaling $4.62 billion, according to Coinglass data. Long positions account for $2.28 billion, representing 49.37% of the total, while short positions amount to $2.34 billion, making up 50.63%. Long positions have a profit of $24.95 million, whereas short positions have a loss of $94.27 million.

A notable whale address, 0x8def..ae, has taken a 5x leveraged short position on HYPE at a price of $45.3515, with an unrealized loss of $26.28 million.