Hyperliquid bears gradually gaining the upper hand: BTC long whales have decreased by nearly 50%, ETH bears have already reached twice the number of longs

BlockBeats News, December 26 — According to HyperInsight monitoring, recently the number of Bitcoin (BTC) and Ethereum (ETH) whales holding long positions on Hyperliquid has significantly decreased. Currently, the long and short forces for BTC whales are roughly balanced, while the number of ETH short whales has doubled compared to long whales. At present, there are approximately 122 BTC long whales and 116 short whales; for ETH, about 58 long whales and 113 short whales. Compared to data from October 14 this year, the number of BTC long whales has decreased by nearly half from about 234 over approximately two months, while the short whale count was around 125 at that time, with relatively little change. Additionally, monitoring shows that the largest BTC short whale on Hyperliquid (0x50b) has an average position entry price of approximately $82,200, a liquidation price of $94,100, and a position size of about $76.44 million; the largest ETH short whale, “20 million band hunter,” has an average position entry price of about $3,129, a liquidation price of $3,796, and a position size of approximately $70.23 million.