Bitcoin Whales Building Aggressive Long Positions as Funding Rates Stay Deeply Negative
Large Bitcoin traders on Hyperliquid have shifted to their most aggressively long positioning since early March, coinciding with BTC’s climb toward $80,000 despite 47 consecutive days of negative funding rates that leave short sellers paying long holders to maintain their positions. Glassnode data shows that whale traders—those typically running positions above $10 million—flipped from net…
