This whale is fully short HYPE at $45, now with an unrealized loss of over 17 million, holding on with 5x leverage—truly a faith-based short.

According to Coinglass data, Hyperliquid whales hold a total position of approximately $438 million, with longs at $215 million and shorts at $222 million, accounting for 49.17% and 50.83% of the positions respectively. The longs have a profit and loss of about -$49.41 million, and the shorts about -$5.54 million. The giant whale 0x8def..ae took a 5x full position short on HYPE at a price of $45.3003, with an unrealized profit and loss of approximately -$17.62 million.