Coinglass data show Hyperliquid whale accounts hold $4.016 billion in notional positions, with long PnL boosted by a 99,000 ETH trade opened April 30 after the same trader previously realized $68.47 million.
Coinglass data show whale accounts on Hyperliquid holding a combined $4.016 billion in notional positions, with long and short exposure relatively close by size but long traders ahead more clearly on PnL. That performance gap is largely driven by one major Ether long position: a trader opened a 99,000 ETH long worth $234 million on April 30 at an average entry price of $2,270, and the position was later showing about $9 million in unrealized profit. According to the source, the same trader had previously closed a larger $398 million ETH long on April 16, realizing a profit of $68.47 million. The activity highlights how a single heavily leveraged whale trade can materially shape aggregate returns on a crypto derivatives platform even when overall positioning appears broadly balanced.