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Bitcoin (BTC) Whales on Hyperliquid Turn Net Short for First Time Since March

COINOTAG·October 28, 2026·1 min read
Bitcoin (BTC) Whales on Hyperliquid Turn Net Short for First Time Since March

Hyperliquid whales flipped Bitcoin net short for the first time since March, with about $377 million more shorts than longs, Glassnode said Tuesday. This shift in positioning suggests large traders are betting on a price decline, adding bearish sentiment to the market.

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