Hyperliquid Whales Are Becoming Less Bearish as Liquidations Plunge

Leading whales on the perpetual exchange, Hyperliquid, have been shifting their stance from very bearish just a week ago to slightly bearish at the moment. According to data from CoinGlass, the gap between bullish and bearish Hyperliquid wallets, worth $1 million to $50 million and beyond, has been closing down. The cumulative volume for these whales, betting on longs, reaches $2.14 billion, while the addresses targeting shorts sit at $2.43 billion. On the other hand, smaller wallets, surpassing 300,000 ...