The whale movements on Hyperliquid look interesting. According to the latest data from Coinglass, the positions on this platform have reached a total of $2.936 billion. Long and short positions are almost evenly split — 49.3% long, 50.7% short. The market appears balanced, but of course, volatility is always present.

What’s even more interesting is that a whale address starting with 0xa5b0 opened a long position on Ethereum with exactly 15x leverage. The entry price was around $1,991.53. Currently, the unrealized loss on this position is approximately $982,000. This alone shows how risky leveraged trading can be. Overall, long positions are at a loss of $116 million, while short positions show a profit of $200 million. This imbalance in the market could be an intriguing signal.