đ Hyperliquid Whales Hold Their Biggest Bitcoin Short Since October 2025
Large accounts on the decentralized exchange Hyperliquid held about $892M to $924M in Bitcoin shorts on Nov 7, nearly double their long positions of about $454M to $483M.
đč This is the biggest short exposure since October 2025, per Glassnode
đč Whales flipped net short on Oct 27, after seven months of being net long
đč The largest single short is about $178.5M, opened near $76,390. BTC was trading around $75.8K to $76K
đč Last time whales were this short, Bitcoin fell significantly. But positioning is not a guarantee
đč Some shorts may be hedges, and crowded shorts can also fuel sharp squeezes if price rises
Are the whales right, or is this a trap? đ
#Bitcoin #BTC #crypto #CryptoNews #Hyperliquid #whales
Not financial advice. Sources: Glassnode, CryptoBriefing
$BTC
$HYPE
Large accounts on the decentralized exchange Hyperliquid held about $892M to $924M in Bitcoin shorts on Nov 7, nearly double their long positions of about $454M to $483M.
đč This is the biggest short exposure since October 2025, per Glassnode
đč Whales flipped net short on Oct 27, after seven months of being net long
đč The largest single short is about $178.5M, opened near $76,390. BTC was trading around $75.8K to $76K
đč Last time whales were this short, Bitcoin fell significantly. But positioning is not a guarantee
đč Some shorts may be hedges, and crowded shorts can also fuel sharp squeezes if price rises
Are the whales right, or is this a trap? đ
#Bitcoin #BTC #crypto #CryptoNews #Hyperliquid #whales
Not financial advice. Sources: Glassnode, CryptoBriefing
$BTC
$HYPE