2026-01-18 08:31:29

Looking at the latest position data on the Hyperliquid platform, whales are holding positions worth $7.414 billion, which is indeed a substantial scale. Interestingly, the long and short camps are almost evenly matched — longs account for 48.86% with a position of $3.622 billion, shorts account for 51.14% with a position of $3.792 billion. In this market stalemate, neither side dares to be too reckless.

The story on the profit and loss side is more nuanced. Long positions are currently losing $38.0619 million, while shorts have actually gained $94.6644 million. The market sentiment seems somewhat bearish.

Let's look at a specific large trader’s move — a whale address is leveraging 5x to go long ETH at the $3161.85 level, currently showing an unrealized loss of $33.0865 million. This guy is definitely betting on a rebound, but the current situation isn’t easy. Such high-leverage strategies are quite risky in the current market conditions.

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RooftopReserver

· 8h ago

Oops, this whale is starting to test again. 3161x leverage is maxed out. That takes a big heart. --- Bull and bear are testing each other, whoever moves first will die. The amount of capital expansion is really a bit scary. --- Over 33 million in unrealized losses... Is this guy betting on a rebound or just throwing money away? --- The shorts are making a killing, while the longs are still holding on desperately. This market trend is indeed skewed. --- With this stalemate, high leverage is basically a suicidal move. --- Is the whale also betting? It indicates that the bottom hasn't arrived yet. Keep waiting. --- The shorts are eating meat, the longs are drinking soup—classic difference in profit-making effects. --- That giant whale is really getting a bit anxious. Going all-in at this position looks a bit desperate. --- Using five times leverage to go long on ETH, this guy really dares to play. Now he's probably regretting it. --- The market is so stalemated, which instead suggests a big event is coming. Stock up on bullets.

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NFTArtisanHQ

· 8h ago

the whale's 5x leverage play is basically a baroque narrative of greed meeting volatility—$33M underwater and still hodling? that's either conviction or delusion, ngl. the whole hyperliquid tableau reads like a power struggle frozen in amber, everyone too afraid to move first

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SignatureAnxiety

· 8h ago

It's another deadlock situation, with both bulls and bears tied, neither side making money. It all depends on who breaks the defense first. That whale with the 5x leverage on ETH is definitely cursing right now. With an unrealized loss of over 30 million, it takes a very strong heart to hold on. Shorts are making money while longs are losing, indicating that no one is truly bullish at the moment. This sentiment needs to be reversed. A 7.4 billion position sounds large, but in reality, the longs and shorts are roughly evenly split, with no overwhelming force. High leverage in this kind of market is just gambling. Win the bet, and you can brag; lose, and you have to run away.

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FomoAnxiety

· 8h ago

That guy with 5x leverage must be suffering a lot now. My account name already indicates it—high leverage is just a trap. --- Are whales also losing money? Then retail investors have even less of a chance. The bears are making money, and the bulls are bleeding. --- Stalemates are the most annoying. Moving now could get you trapped, so it's better to wait for a signal. --- Over 33 million in unrealized losses. That's why I don't dare to go all-in—being cautious helps you survive longer. --- A 50/50 split between bulls and bears is the most torturous. No one can make big money, and many are actually losing money.

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YieldFarmRefugee

· 8h ago

Whales are stalemated here, and the bulls are still suffering heavy losses, it’s painful just to watch. --- That guy at 3161 really has to hold on, pushing in with 5x leverage. Is this a gambler’s mentality? --- Bearish traders are making money while bulls get beaten up. The market sentiment is clear at a glance. Those who are now going long aren’t having a good time. --- With a market cap of 7.4 billion, it’s still so evenly matched. Honestly, no one dares to make a move. --- That whale with a floating loss of over 30 million, if it really crashes, will be liquidated immediately. How strong must their mental resilience be? --- The market where bulls and bears are evenly matched is the hardest to operate. The Voldemorts are all waiting for that one K-line.

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TeaTimeTrader

· 8h ago

Whales, I don't quite understand this move. The bulls and bears are tied, yet the bulls are bleeding. This is outrageous. That guy using 5x leverage must be really tough. Still able to sleep soundly with a floating loss of 33.08 million... I can't be brave enough.

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