Glassnode: Hyperliquid Whales' BTC Short Exposure Hits Over One-Year High

TechFlow reports that on November 8, Glassnode monitoring showed whales on Hyperliquid are increasing Bitcoin short positions, with short exposure rising to its highest level since October 2025.

Glassnode stated that these whales' net positions flipped to short two weeks ago after maintaining long exposure for seven months; the last time short exposure reached a similar level, Bitcoin's price experienced a significant decline.

Source: TechFlow