Money left US spot Bitcoin funds on Nov 2, and yet futures traders added to their open bets in the 24 hours to Nov 3. The Bitcoin ETFs posted -$398.6M in net flow that day and the Ether funds -$139.8M. Open futures positions across 27 venues reached $71.53B, 1.49% above a day earlier.
Forced closures landed on both sides in similar size. We recorded $130.9M over 46,853 events, $71.3M from longs and $59.6M from shorts, with $35.0M on $BTC and an $8.8M single closure.
Among the 1,000 largest Hyperliquid accounts by equity, the 269 holding trades have 42.9% of their dollars on bets for a higher price.
Forced closures landed on both sides in similar size. We recorded $130.9M over 46,853 events, $71.3M from longs and $59.6M from shorts, with $35.0M on $BTC and an $8.8M single closure.
Among the 1,000 largest Hyperliquid accounts by equity, the 269 holding trades have 42.9% of their dollars on bets for a higher price.
