Top perp traders are betting against the bounce: 94% short.
Per COINOTAG's Nov 8 snapshot, top traders on Hyperliquid, Lighter, dYdX and Pacifica hold:
• ~$2.37B in shorts
• ~$158M in longs
With $BTC near $75.7K and the Fear & Greed Index at 26, that's a very one-sided book.
Crowded shorts can fuel a squeeze if price pops. They can also be right if ETF outflows and rate-hike bets keep weighing. The positioning is the signal, not the direction.
Do the whales get squeezed or vindicated: $BTC above $78K or below $72K first? $ETH
Not financial advice.
#Bitcoin #Hyperliquid #CryptoMarkets
Per COINOTAG's Nov 8 snapshot, top traders on Hyperliquid, Lighter, dYdX and Pacifica hold:
• ~$2.37B in shorts
• ~$158M in longs
With $BTC near $75.7K and the Fear & Greed Index at 26, that's a very one-sided book.
Crowded shorts can fuel a squeeze if price pops. They can also be right if ETF outflows and rate-hike bets keep weighing. The positioning is the signal, not the direction.
Do the whales get squeezed or vindicated: $BTC above $78K or below $72K first? $ETH
Not financial advice.
#Bitcoin #Hyperliquid #CryptoMarkets