Hyperliquid whales hold $4.44B in shorts, 53.78% of positions
- —Shorts $4.44B vs longs $3.81B, long/short ratio 0.86
- —Longs up $159M, shorts down $119M in unrealized PnL
- —Wallet 0x5b5d..60 holds a 5x cross-margin ETH short at $2,322.73
- —Short share rose from 50.43% in the prior snapshot
Why it matters: A short-heavy whale book on Hyperliquid signals caution among large traders, though the ratio alone does not dictate ETH's next move.
Source: TokenPost