HYPE Whales on Hyperliquid Total About $155M in Short Positions as Top Addresses Boost Spot Holdings

According to HyperInsight monitoring, a whale with a short position exceeding $10 million on Hyperliquid remains predominantly hedged with spot exposure, signaling a cautious stance in the HYPE market.

The top of the short position leaderboard shows BobbyBigSize with a HYPE short around $51.5 million, while their spot holding sits near $11.85 million, illustrating a blend of leverage and liquid backing.

Two addresses under Abraxas Capital carry a combined HYPE short near $71 million, with spot holdings rising from $56 million to about $63 million over the past three days, indicating persistent repricing activity.

Meanwhile, the Lightning Arbitrage Hunter reports a HYPE short of about $32.91 million and a spot position near $6.68 million, reflecting ongoing liquidity-driven positioning in the token market.