Markets· ★★· bearish·

Top traders cut HYPE longs as 7-day long share falls from 15% to 6%

  • —7-day group longs fell from $396M to $324M; shorts rose from $30.31B to $31.11B
  • —HYPE longs in the 7-day group dropped from $36M to $14M, share 15% to 6%
  • —24-hour group NEAR longs jumped from $1M to $26M
  • —BTC and ETH remain heavily shorted across cohorts at 88–98%
Why it matters: The sharp unwind in HYPE longs among top traders signals a shift in positioning on the token, though the data reflects only current exposure.
Source: TokenPost