Bitcoin Whales Establish Strong Long Positions Amid Prolonged Negative Funding
For the past two months, the biggest traders on Hyperliquid have been accumulating a substantial long position in bitcoin, and recent price movements are starting to favor their stance. 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 so, with the long bias int…
April 26, 2026, 2:13 p.m.