ARB on Hyperliquid: mark price $0.19918. $18.8m of open positions tracked across 1,259 wallets.

All tracked wallets: net bias −3% (net short), $9.16m long vs $9.65m short; 860 wallets long, 399 short.

Top traders: net bias −61% (net short), $171k long vs $715k short; 5 wallets long, 12 short.

Worst traders: net bias +23% (net long), $363k long vs $226k short; 19 wallets long, 3 short.

Whales: net bias −42% (net short), $1.75m long vs $4.30m short; 9 wallets long, 25 short.