Hyperliquid whales hold $5.23B in shorts as 52.32% of positions lean bearish
- —Total whale position size on Hyperliquid reached $10.003 billion
- —Shorts at $5.23 billion vs longs at $4.77 billion, ratio 0.91
- —Longs up $721 million, shorts down $762 million unrealized
- —Address 0x5b5d..60 is short ETH at 5x with a $46.51 million loss
Why it matters: A short-heavy book with mounting losses raises the risk of a short squeeze on any price rally, amplifying volatility.
Source: TokenPost