Hyperliquid whale Bitcoin shorts reach highest level since October 2025
Whale traders on Hyperliquid have built their largest Bitcoin short positions in over a year, flipping net bearish after holding long positions for seven months.

Whale accounts on decentralized trading platform Hyperliquid have accumulated their largest Bitcoin short positions in over a year, pushing net short exposure to its highest point since October 2025.[1][2][3]
According to data from analytics firm Glassnode, large traders flipped their net positioning from long to short two weeks ago, concluding a seven-month streak of net-long positioning. Outlets crypto.news and Cointelegraph both highlighted the reversal, with crypto.news noting that the last comparable spike in whale short positions preceded a significant decline in Bitcoin's price.[1][3]
The sizable buildup of short bets reflects a prevailing bearish sentiment among Hyperliquid whales and could potentially trigger heightened market volatility or short squeezes, according to Crypto Briefing.[2]
Key facts
- Hyperliquid whales have built their largest Bitcoin short positions in over a year, marking the highest short exposure since October 2025.
- Glassnode data shows Hyperliquid whale net positioning flipped bearish two weeks ago after seven continuous months of being long.
- The last comparable short positioning by Hyperliquid whales preceded a significant drop in Bitcoin's price, according to crypto.news.
- Crypto Briefing reported that the heavy short positions signal prevailing bearish sentiment and could lead to market volatility and short squeezes.
Sources · 3 sources
- CN
crypto.news@cryptodotnewsPost on X ·
JUST IN: Hyperliquid whales hsve opened their largest Bitcoin short positions in over a year Sccording to Glassnode data, the whales net positioning flipped bearish two weeks ago after seven months of being long, with short exposure now at its highest since October 2025 and the last comparable positioning preceded a significant BTC price decline.
Open source - CB
Crypto BriefingArticle ·
Hyperliquid whales stack Bitcoin shorts to highest level since October 2025 The significant short positions by Hyperliquid whales suggest a prevailing bearish sentiment, potentially leading to market volatility and short squeezes. The post Hyperliquid whales stack Bitcoin shorts to highest level since October 2025 appeared first on Crypto Briefing .
Open source - CO
Cointelegraph@CointelegraphPost on X ·
🚨 UPDATE: According to Glassnode, Hyperliquid whales have flipped from long to short on $BTC after seven months, with short exposure now at its highest level since October 2025. https://t.co/jECBIPvGmN
Open source

