ChainCatcher report, according to Coinglass data, Hyperliquid whale positions currently stand at $4.375 billion, with long positions at $2.151 billion (49.17% of total exposure) and short positions at $2.224 billion (50.83% of total exposure). Long P&L stands at -$49.41 million, while short P&L is at -$5.54 million. Notably, the whale address 0x8def..ae opened a 5x full-position short on HYPE at $45.3003, with an unrealized P&L of -$17.62 million.
Hyperliquid Whale Holdings Reach $4.375 Billion with a 0.97 Long-Short Ratio
ChaincatcherShare






Whale trading activity on Hyperliquid has surged to $4.375 billion as of May 23, 2026, with long positions at $2.151 billion (49.17%) and short positions at $2.224 billion (50.83%). Longs show an unrealized loss of $49.41 million, while shorts trail with a $5.54 million loss. A major whale address, 0x8def..ae, holds a 5x fully collateralized short on HYPE at $45.3003, with a $17.62 million loss. Long-term investing strategies remain divided as market volatility persists.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.