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Hyper-liquid whales are net short of $BTC for the first time since March. This team managed to extend the bottom, but the positioning was reversed last week. The question is whether they are early for a deeper pullback, or whether they are going to be squeezed if the price goes up.

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Glassnode · On-chain · · Source

Hyper-liquid whales are net short of $BTC for the first time since March. This team managed to extend the bottom, but the positioning was reversed last week. The question is whether they are early for a deeper pullback, or whether they are going to be squeezed if the price goes up.

Hyper-liquid whales are net short of $BTC for the first time since March. This team managed to extend the bottom, but the positioning was reversed last week. The question is whether they are early for a deeper pullback, or whether they are going to be squeezed if the price goes up.

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