Hyperliquid whale holdings have reached $2.82 billion, with short positions slightly outnumbering long positions, according to Coinglass data. Long positions account for $1.37 billion, or 48.58% of the total exposure, while short positions stand at $1.45 billion, representing 51.42%. The long positions have a P&L of -$132 million, whereas the short positions have a P&L of $241 million. A notable transaction involves the whale address 0xa5b0..41, which took a 15x fully-collateralized long position on Ethereum at $2,026.39. This position currently has an unrealized P&L of -$2.9578 million, highlighting the volatility and risk associated with such leveraged trades.