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Hyperliquid Snapshot Shows Shorts Ahead of Longs by $600 Million

Shorts represented 54.12% of $7.34 billion in tracked positions, with aggregate gains while longs recorded losses.

Updated 1 min read
A trader checks a crypto position on a phone in Seoul, South Korea. / TokenPost.ai (mono)
A trader checks a crypto position on a phone in Seoul, South Korea. / TokenPost.ai (mono)

A Nov. 6 snapshot of large Hyperliquid positions showed shorts ahead of longs by about $600 million as the short side recorded aggregate gains.

Short positions totaled $3.97 billion, while longs stood at $3.37 billion, bringing tracked exposure to $7.34 billion. Shorts accounted for 54.12% of the total and longs for 45.88%; the value of longs was 0.85 times the value of shorts.

Aggregate P&L was positive $79.8815 million for shorts and negative $27.3265 million for longs. Account 0x5b5d..60 held a cross-margin short position in Ether (ETH) with 5x leverage. Its entry price was $2,322.72, and the position had $6.7185 million in unrealized profit.

The total was lower than the $8.092 billion recorded in a Oct. 27 snapshot of Hyperliquid positions, when shorts totaled $4.334 billion and longs $3.758 billion. The Nov. 6 total was $752 million below that earlier reading.

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