Bitcoin whales on Hyperliquid push net long positions to 2026 high
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)