Bitcoin Whales Establish Aggressive Long Positions Amid Prolonged Negative Funding
For two months, the largest traders on Hyperliquid have been accumulating long positions in bitcoin, with the price chart beginning to reflect this trend. According to Glassnode data, the whale positioning on Hyperliquid, a prominent on-chain perpetual futures exchange, shifted from net short to net long in early March and has remained long since, with the long bias intensifying through April. Th…
April 26, 2026, 2:13 p.m.