Largest Hyperliquid Whales Are Shorting Amid Wild Market Volatility
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.