Bitcoin Whales Establish Strong Long Positions Amid Prolonged Negative Funding
For two months, major traders on Hyperliquid have been accumulating long positions in bitcoin, and the price trend is beginning to reflect this. According to Glassnode data, the largest traders on Hyperliquid, a prominent on-chain perpetual futures exchange, shifted from a net short to a net long position in early March and have maintained this stance ever since, with the long bias intensifying t…
April 26, 2026, 2:13 p.m.