PONS on Hyperliquid: mark price $0.27818. $21.6m of open positions tracked across 923 wallets.

All tracked wallets: net bias −4% (net short), $10.4m long vs $11.2m short; 646 wallets long, 277 short.

Top traders: net bias −12% (net short), $427k long vs $543k short; 13 wallets long, 12 short.

Worst traders: net bias −3% (net short), $85.5k long vs $91.4k short; 10 wallets long, 1 short.

Whales: net bias −68% (net short), $1.46m long vs $7.65m short; 19 wallets long, 24 short.