A whale on Hyperliquid holds $4.38 billion in total positions, with exposure nearly evenly split between longs and shorts, according to Coinglass data. According to ChainCatcher, the whale’s long positions total $2.21 billion, representing 50.49% of holdings, while short positions total $2.17 billion, representing 49.51%.

The data show the whale’s profit and loss stands at -$65.83 million on long positions and -$16.51 million on short positions.

Separately, wallet address 0x082e..88 opened a 5x cross-margin long position in HYPE at a price of $38.6755, with an unrealized profit and loss of $43.64 million.