Hyperliquid Whales Add to Shorts, Trim Longs as Unrealized Losses Linger

Hyperliquid Whale Action: A large whale has recently added to their short position on the contract in the last 4 hours, but some addresses are still in an unrealized loss. According to HyperInsight monitoring, the cryptocurrency market experienced significant volatility on July 29 as major whale addresses on Hyperliquid adjusted their positions. The movements included both short position increases and long position reductions, with several accounts showing continued negative unrealized profits and losses. Whale activities highlighted include:

- The address increased its by $868,208.37, though the cumulative P&L remains at -$19.324 million, with a liquidation price threshold of $4,804.055 [1].

- The address reduced its by 447.79 coins, yet the P&L is still -$113,840.80, with a liquidation price of $5,329.503 [1].

- The address expanded its by 21,349,599 tokens, now at a P&L of -$850,048.62 and a liquidation price of $0.068 [1].

- The address cut its by 392.35 coins (P&L: -$34,423.97, liquidation price $90,734.996) and its by 5,768.60 coins (P&L: -$113,679.21, liquidation price ~$2,393) [1].

- The address added 10,901.64 tokens to its , with a P&L of -$301,097.76 and a liquidation price of $210.726 [1].

The data underscores a trend of risk mitigation and position rebalancing amid market uncertainty. While some whales are betting on further price declines by expanding short positions, others are scaling back longs, indicating a cautious outlook. The persistent unrealized losses suggest these traders are either holding for strategic gains or facing margin pressures. The liquidation price thresholds highlight the fragility of current positions, particularly in ETH and SOL, where even minor price swings could trigger significant exits.

Source: [1] [title1Hyperliquid Whale Action: A large whale has recently added to their short position on the contract in the last 4 hours, but some addresses are still in an unrealized loss] [url1https://www.theblockbeats.info/en/flash/304894]