Hyperliquid whales turn net short on Bitcoin for first time since March
- —Whale net short on Hyperliquid stands at about $377 million
- —Shorts of $1.33 billion versus $952 million in longs as of October 27
- —A single address holds a $210 million short opened near $76,000
- —Roughly $3.3 billion in shorts could be liquidated if BTC reaches $85,000
Why it matters: A dense short cluster near the current price sets up a potential short squeeze if Bitcoin rallies toward $85,000.
Source: Crypto Briefing