Whales are positioned heavily short while price barely moves.
Tracked Hyperliquid whales hold about $863.29M long versus $2.18B short, only 28% long (Whale Radar, Nov 1 00:00 UTC). Liquidations over the period were just $611.9K, and BTC open interest sat near $3.13B.
Lopsided positioning with quiet liquidations tells me traders are hedged or waiting, not panicking. Fear & Greed at 34 fits that mood.
Are these big shorts a hedge against a macro-heavy week, or a real bearish bet on $BTC? Curious how you read it, and whether $ETH changes your view.
Not financial advice.
#Bitcoin #Whales #Hyperliquid
Tracked Hyperliquid whales hold about $863.29M long versus $2.18B short, only 28% long (Whale Radar, Nov 1 00:00 UTC). Liquidations over the period were just $611.9K, and BTC open interest sat near $3.13B.
Lopsided positioning with quiet liquidations tells me traders are hedged or waiting, not panicking. Fear & Greed at 34 fits that mood.
Are these big shorts a hedge against a macro-heavy week, or a real bearish bet on $BTC? Curious how you read it, and whether $ETH changes your view.
Not financial advice.
#Bitcoin #Whales #Hyperliquid