Whale positions on Hyperliquid totaled $5.361 billion, with short exposure slightly outweighing longs, according to Coinglass data. Long positions stood at $2.622 billion, or 48.9% of holdings, while shorts reached $2.74 billion, or 51.1%. The aggregate profit and loss profile showed long positions down $108 million and short positions up $32.8647 million. Separately, trader wallet 0xff84 expanded a Bitcoin short to 2,000 BTC, valued at $125.37 million, which Lookonchain said was the largest on-chain BTC short it tracked; the position was showing an unrealized profit of $1.79 million and had a liquidation price of $63,528.92. An earlier snapshot had described wallet 0xff84..1d as holding a 40x fully margined Bitcoin short entered at $63,581.5 with an unrealized profit of $1.0531 million.