Hyperliquid whale positions reach $7.76 billion with 0.89 long-short ratio

Data from Coinglass shows that whale positions on the Hyperliquid platform total $7.76 billion, with long positions accounting for $3.667 billion (47.23%) and short positions for $4.098 billion (52.77%). Long positions show a profit of $420 million, while short positions show a loss of $474 million. Notably, a whale address is currently holding a 5x leveraged short position on ETH at an entry price of $2,297.25, with an unrealized loss of $16.5571 million.