Hyperliquid Whales Hold $3.978B as of May 4, Long-to-Short Ratio at 1.01

According to ChainCatcher citing Coinglass data, Hyperliquid whales currently hold $3.978 billion in positions as of May 4, with a long-to-short ratio of 1.01. Long positions account for 50.16% of holdings at $1.996 billion, while short positions represent 49.84% at $1.983 billion.

A major whale address (0xa5b0..41) is holding a 15x leveraged long position in ETH entered at $2,265.48, with unrealized gains of $3.5045 million.