Top traders cut short share to 89% in 24 hours, but 7- and 30-day groups hold at 93% and 90%
- —24h: longs $328M, shorts $25.83B, short share 89% versus 96% previously
- —7-day group: shorts $32.42B (93%); 30-day group: shorts $34.33B (90%)
- —HYPE: long accounts rose from 41 to 60, lifting the long share from 6% to 31%
- —BTC in the 24h group: 73 long accounts worth $94M versus 154 short accounts worth $8.22B
Why it matters: The shift toward longs is confined to the 24-hour group and reflects gains in HYPE, ZEC and ENA rather than a change in sentiment, with weekly and monthly cohorts still short.
Source: TokenPost