In an Oct. 25 snapshot of large Hyperliquid positions, shorts exceeded longs by $560 million, although the aggregate profit-and-loss figures favored longs.
Longs accounted for $3.781 billion of the $8.122 billion total, leaving $4.341 billion on the short side. Shorts made up 53.44% of positions, and the long-to-short value ratio was 0.87.
The snapshot’s profit-and-loss totals favored longs: a $94.15 million gain on that side compared with a $40.15 million loss on shorts.
Two days earlier, shorts made up 53.78% of the $8.251 billion total, with their position value ahead by $623 million, according to the Oct. 23 snapshot of large Hyperliquid positions. The gap narrowed by $63 million by Oct. 25.
Wallet 0x5b5d..60 carried a 5x cross-margin short on Ether (ETH), listed at $2,322.74. Its unrealized loss was $2.43 million.
