Hyperliquid whales hold $900M in BTC and ETH shorts
- —BTC shorts on Hyperliquid total $905.7M versus $797.5M in longs
- —ETH shorts total $1.12B versus $1.04B in longs
- —Wallet 0x5b5d…c060 holds $527M in BTC and ETH shorts
- —BTC short-squeeze zone sits at $95,000–96,000, long risk at $77,000
Why it matters: A break above $95,000–96,000 for BTC or $3,150–3,360 for ETH could trigger cascading short liquidations and amplify upside moves.
Source: Blockmedia