Bitcoin Whales Establish Aggressive Long Positions Amid Prolonged Negative Funding
For the past two months, the largest traders on Hyperliquid have been accumulating long positions in bitcoin, and the price trend is starting to reflect this. According to Glassnode data, the positioning of whales 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 throughou…
April 26, 2026, 2:13 p.m.