Glassnode: Hyperliquid Whales’ BTC Short Exposure Hits Highest Level in Over a Year

on November 8, according to Glassnode monitoring, whales on Hyperliquid are increasing their Bitcoin short positions, with short exposure rising to its highest level since October 2025.

Glassnode stated that these whales' net positions flipped to short two weeks ago after maintaining long positions for seven months; the last time short exposure reached similar levels, Bitcoin prices experienced a significant decline.