Hyperliquid Whale Positions Reach $5.05B, Short Positions Slightly Outnumber Longs

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Whale activity trading on Hyperliquid hit $5.05 billion as of December 19, 2025, with long positions at $24.36 billion (48.24%) and short positions at $26.13 billion (51.76%). Longs show a $261 million unrealized loss, while shorts show a $363 million gain. A major whale address, 0xb317..ae, holds a 5x leveraged ETH long at $3,147.39, with a $39.04 million loss. Long-term investing strategies remain evident in the market’s mixed performance.
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