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Bitcoin whales on Hyperliquid push net long positions to 2026 high

The Block
Data from Glassnode shows Bitcoin whales on Hyperliquid have increased their net long positions to record levels for 2026.

Summary

Bitcoin whales operating on the on-chain exchange Hyperliquid have aggressively expanded their cumulative long positions, reaching a new high for 2026. According to Glassnode, this trend follows a broader pattern of whale bullishness observed during recent Bitcoin price breakouts. With approximately $3.5 billion in total whale positions on the platform, long exposure currently exceeds short positions. This bullish sentiment coincides with Bitcoin reaching over $82,000, despite conflicting data from Binance, where the long/short ratio suggests a generally bearish retail sentiment.

(Source:The Block)