Hyperliquid Short Squeeze Underway: BTC Long Whale Cools Off by Nearly 50%, ETH Short Interest Doubles Longs
BlockBeats News, December 26th, according to HyperInsight monitoring, the recent Whale Long positions on BTC and ETH on Hyperliquid have seen a significant reduction. Currently, the BTC Whale Long vs. Short strength is evenly matched, while the ETH short positions are twice as many as long positions. Currently, there are about 122 BTC Whale Longs and 116 Shorts; for ETH, there are about 58 Whale Longs and 113 Shorts.
Compared to the data from October 14th this year, the number of BTC Whale Long positions has dropped by nearly half in about two months from 234, while the short positions were about 125 at that time, with relatively limited changes.
According to monitoring, the current largest BTC Short Whale on Hyperliquid (0x50b) has an average position price of about $88,200, a liquidation price of $94,100, and a position size of about $76.44 million; the largest ETH Short Whale, known as the "20 Million Range Hunter," has an average position price of around $3,129, a liquidation price of $3,796, and a position size of about $70.23 million.
You may also like

Guarding billions in assets, yet unable to sustain itself: Tally bids a dignified farewell after five years

SEC’s Stance on Crypto Assets: Most Not Considered Securities
Key Takeaways: The SEC’s new interpretation categorizes most crypto assets as non-securities under federal law. This move aims…

South Korea’s New Crypto Seizure Guidelines After Asset Mismanagement Incidents
Key Takeaways: South Korea’s National Police Agency (KNPA) has drafted guidelines for crypto seizure, with a focus on…

Institutional Confidence in Crypto’s 2026 Growth Trajectory
Key Takeaways: A significant 73% of institutional investors plan to increase their crypto holdings by 2026. Exchange-traded products…

Ethereum Reduces Bridge Times by 98% with Fast Confirmation Rule
Key Takeaways: Ethereum introduces the Fast Confirmation Rule (FCR) aiming to cut bridge times from L1 to L2…

Crypto Firms Advocate DeFi Education in US Colleges
Key Takeaways: Twenty-one crypto organizations have called on US colleges to integrate decentralized finance (DeFi) into their curricula…

RedotPay Reorganizes Amidst Funding Tries and IPO Goals
Key Takeaways: RedotPay is facing leadership changes and concerns over its connections with mainland China while eyeing a…

Bitcoin ETF Streak Nears October Highs While Inflows Lag Behind
Key Takeaways: US spot Bitcoin ETFs have continued their inflow streak for seven straight days, accumulating $1.2 billion…

Connecticut Suspends Bitcoin Depot as Revenue Prospects for 2026 Worsen
Key Takeaways: Connecticut halts Bitcoin Depot’s operations, citing regulatory breaches related to the Money Transmission Act. Bitcoin Depot…

DAO Governance Platform Tally Shuts Down Due to Market Challenges
Key Takeaways: Tally, after operating for five years, is shutting down due to a lack of viable business…

Trump Memecoin Shows Volatility Amid Mar-a-Lago Event
Key Takeaways: TRUMP memecoin holders surpassed 83 wallets with over one million tokens after a luncheon announcement with…

Bitcoin Surge in Australian E-commerce Faces Banking Hurdles: In-depth Analysis
Key Takeaways: Cryptocurrency usage in Australia for purchasing goods and services doubled from 6% to 12% in 2026.…

Meta Shuts Down Horizon Worlds VR for Mobile-Centric Strategy
Key Takeaways: Meta is transitioning Horizon Worlds from a VR to a mobile-centric platform starting June 2026. The…

Bitcoin Exchange Inflows Surge Amidst $75,000 Resistance
Key Takeaways: Bitcoin inflows to exchanges have spiked to 6,100 BTC, hinting at potential selling pressure. The large…

Bitrefill Identifies Lazarus Group Behind Cyberattack and Stolen Funds
Key Takeaways: Bitrefill suffered a cyberattack on March 1, likely orchestrated by the infamous Lazarus Group using sophisticated…

Coin Center Advocates for Rulemaking Over No-Action Letters in Crypto Regulation
Key Takeaways: Coin Center challenges the SEC’s reliance on no-action letters, promoting a shift toward comprehensive rulemaking in…

On the eve of the Fed meeting, are traders starting to bet on a rate hike?

Can AI Make $200 a Day with Weather Forecasting?
Guarding billions in assets, yet unable to sustain itself: Tally bids a dignified farewell after five years
SEC’s Stance on Crypto Assets: Most Not Considered Securities
Key Takeaways: The SEC’s new interpretation categorizes most crypto assets as non-securities under federal law. This move aims…
South Korea’s New Crypto Seizure Guidelines After Asset Mismanagement Incidents
Key Takeaways: South Korea’s National Police Agency (KNPA) has drafted guidelines for crypto seizure, with a focus on…
Institutional Confidence in Crypto’s 2026 Growth Trajectory
Key Takeaways: A significant 73% of institutional investors plan to increase their crypto holdings by 2026. Exchange-traded products…
Ethereum Reduces Bridge Times by 98% with Fast Confirmation Rule
Key Takeaways: Ethereum introduces the Fast Confirmation Rule (FCR) aiming to cut bridge times from L1 to L2…
Crypto Firms Advocate DeFi Education in US Colleges
Key Takeaways: Twenty-one crypto organizations have called on US colleges to integrate decentralized finance (DeFi) into their curricula…