Whales on the Hyperliquid platform hold a total position of $4.701 billion, according to Coinglass data. Long positions account for $2.296 billion, representing 48.85% of the total exposure, while short positions slightly exceed this at $2.405 billion, or 51.15%. The unrealized profit and loss (P&L) for long positions stands at $86.06 million, whereas short positions show a negative P&L of $161 million. A notable whale address, 0x8def..ae, has taken a 5x full-collateral short position on HYPE at $45.3065, currently facing an unrealized P&L of -$33.73 million.