Top traders on Hyperliquid and Lighter flip to shorts as 92% of positions turn bearish
- —7-day cohort: 92% short ($32.99B) vs $283M long
- —24-hour cohort's short share rose from 87% to 94%
- —30-day cohort holds 91% short ($34.85B)
- —BTC, ETH, SOL, HYPE, NEAR, ZEC fell 3.2–7.3% in 24 hours
Why it matters: The shift to shorts signals top traders are betting on further downside, though cohort membership rotates as rankings rebalance by performance.
Source: TokenPost