Bitcoin whales accumulate long positions amidst persistent negative funding
For two months, the biggest traders on Hyperliquid have been accumulating a long position in bitcoin, and the price chart is starting 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 growing stronger throughout …
April 26, 2026, 2:13 p.m.