The total value of whale investment positions on the Hyperliquid crypto trading platform has reached $2.78 billion. According to the latest data from Chain Catcher and Coinglass, $1.375 billion of this amount comprises long-term (long) positions, accounting for approximately 49.44% of the total investments, while short-term (short) positions total $1.406 billion, representing 50.56%. Notably, long positions have incurred losses of $221 million, whereas short positions have gained profits of $306 million.
Attention is drawn to a significant whale address that has taken a long position on Ethereum (ETH) using 15x leverage. The purchase price was approximately $1,991, and this position is currently showing an unrealized loss of $10.64 million. Hyperliquid is a prominent crypto trading platform where whale investors make large-scale investments and attempt to capitalize on market fluctuations. The ratio of long to short positions reflects market uncertainty and investor strategies. The losses in long positions alongside gains in short positions suggest downward price pressure in the current market environment.
Whale investors typically influence market trends due to their substantial investments. However, the use of high leverage increases potential risks, as even minor price movements can lead to significant financial losses. The ultimate outcome of these positions will depend on future market directions and investor strategies.
Source: binance
