Hyperliquid whales hold 53.25% short exposure on $8.69B in positions
- —Total whale positions on Hyperliquid reached $8.69 billion
- —Shorts make up 53.25% ($4.63B) versus 46.75% longs ($4.06B)
- —Longs show $475M unrealized profit, shorts $508M unrealized loss
- —A 5x ETH short from address 0x5b5d..60 is down $37.74 million
Why it matters: Heavy short positioning among large accounts raises the risk of a short squeeze if ETH and bitcoin extend gains.
Source: TokenPost