The post Largest Hyperliquid Whales Are Shorting Amid Wild Market Volatility appeared com. Key Notes The largest whales on Hyperliquid are going short as Bitcoin consolidates around $96,000. Bitcoin’s social dominance signals severe retail panic and FUD. The broader crypto market is seeing pressure from both macro and micro factors. Bitcoin’s (BTC) fall below the crucial $100,000 mark last week triggered a wave of short positions from massive whales on Hyperliquid. The largest Hyperliquid whales, with over $50 million in digital assets, have been heavily betting on a further crypto market correction, according to data from Coinglass. 44 billion in open positions, comprising $1. 15 billion in longs and $2. 29 billion in shorts, on the perpetual exchange. These whales, with a size of over $50 million, are the only traders betting heavily on a deeper crypto market fall. According to Coinglass data, the traders’ sentiment rises as their sizes decline; the most bullish traders are the so-called “shrimps,” which have a wallet size of up to $250. Bitcoin’s Social Dominance Shows Panic post by Santiment, the Bitcoin social dominance spiked to four-month highs, a level last seen in mid-July. 📈 Though not a guaranteed crypto bottom signal, probabilities of a market reversal greatly increases when social dominance for Bitcoin surges. During Friday’s dip below $95K, discussion rates hit a 4-month high, signaling severe retail panic & FUD. 🔗 pic. twitter. com/qn8HFmy3jv Santiment (@santimentfeed) November 16, 2025 The surge in Bitcoin’s social dominance was followed by retail panic and FUD, which consequently triggered a price correction, from $120, 000.