Bitcoin (BTC) Whale Longs Halved on Hyperliquid as Shorts Catch Up; Ethereum (ETH) Shorts About Twice ETH Longs

HyperInsight monitoring, as of December 26, indicates a shift in whale exposure on Hyperliquid for key crypto assets. Bitcoin (BTC) Longs have declined while Shorts gain traction, with BTC Longs nearly balanced by Shorts and ETH shorts outpacing longs. Current tallies show roughly 122 BTC Whale Longs and 116 Shorts; for ETH, about 58 Whale Longs and 113 Shorts.

Compared with October 14 data, BTC Whale Longs have contracted from about 234 to around 122, a near‑halving, while short positions hovered near 125, suggesting a shift in bullish leverage without wholesale volatility in the baseline.\n

On-chain dynamics highlight the largest BTC Short Whale on Hyperliquid (address 0x50b) with an average entry around $88,200, a liquidation price near $94,100, and a position size near $76.44 million; the top ETH Short Whale, nicknamed “20 Million Range Hunter”, posts an average entry near $3,129, a liquidation level around $3,796, and a size close to $70.23 million.