MERL Whale Positions on Hyperliquid

Which Hyperliquid whales are long and short MERL, who is in profit, where they get liquidated and what they just changed.

3 tracked Hyperliquid whales hold MERL positions: $116K long (2) and $177K short (1), so 40% of their MERL exposure is long. Updated 2026-11-05 13:08 UTC.
Long share of MERL whale positions
40%
Leaning short
$177K short (1)$116K long (2)
$0.028674Price
+0.0013%Funding, hourly
$555KOpen interest, all traders
3.0xAverage leverage
$0.028277Avg long entry
$0.046362Avg short entry

Who is winning

50%
Longs in profit
+$1K
100%
Shorts in profit
+$110K

How much leverage they use

Share of MERL whale dollars at each leverage.

100%1-3x
0%3-5x
0%5-10x
0%10-20x
0%20x+

Where MERL whales get liquidated

Within 10% of the $0.028674 price: $0 of whale longs and $0 of whale shorts.

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The price-by-price liquidation chart for MERL is on Pro.
See Pro →

Each whale's own liquidation price, not a model. Covers tracked whales only, not the whole market. 2 positions with no liquidation price left out.

Whale longs vs shorts, last 7 days

MERL whale positions

SideSizeLeverageEntryOpen profitWhale
short$177K 3x $0.046362 +$110K 0xd6e5…5b42
long$102K 3x $0.028 +$2K 0xa5fd…15ff
long$14K 3x $0.030332 -$822 0x8cc9…2b6a

Latest MERL whale moves

No MERL moves of $100K or more in the last 24 hours.

Questions

Are Hyperliquid whales long or short MERL?

3 tracked Hyperliquid whales hold MERL positions: $116K long (2) and $177K short (1), so 40% of their MERL exposure is long.

What is the MERL funding rate on Hyperliquid?

The latest hourly funding rate we read for MERL is +0.0013%. When it is positive, longs pay shorts; when it is negative, shorts pay longs.

What counts as a whale here?

A whale here is a Hyperliquid account with $1M or more that has traded, leaving out accounts that never traded (system, vault and spot-only accounts) and market makers, meaning accounts whose monthly volume is over 100 times their balance. Positions are read about every 5 minutes from Hyperliquid's public data, and only main-market perpetuals are covered.

Deep Blue Alpha is independent and not affiliated with Hyperliquid. Data about past and current positions, not financial advice.