A HyperLiquid whale is facing massive floating losses of ~$12M across multiple open positions. Here's the breakdown of some of the largest losses:

• $XRP RP: -$4.45M
• $SUI UI: -$3.86M
• $SOL OL: -$892K (LONG)
• $ENA: -$785K
• $CRV: -$675K
• $ADA: -$644K
• $DGE: -$537K

The whale has mainly opened short positions compared to long positions, and while some are profitable, these profits aren't enough to offset the losses.