Hyperliquid Whales Hold $3.4 Billion in Positions, Longs Down $153 Million While Shorts Up $161 Million

Hyperliquid whales hold $3.4 billion in positions, with $1.737 billion in longs and $1.663 billion in shorts, putting the long-short ratio at 1.04. Aggregate P&L shows longs down $153 million while shorts are up $161 million, indicating whales are being paid for being net short into recent moves. A key whale address is running a 15x leveraged long on ETH at $2,148.7, sitting on about $8.60 million in unrealized losses.