Long bias from the largest perpetual traders on Hyperliquid has built steadily through February, March and April, with the position now leaning aggressively long as bitcoin tags $80,000 and US-Iran talks resume. Large traders on Hyperliquid have shifted from net short to their most aggressively net-long bitcoin positioning since early March, coinciding with the coin’s climb from the mid-$60,000s to near $80,000. This group of holders, which typically runs positions above $10 million, has histor…
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