Whale Positioning Shifts on Hyperliquid: ETH Shorts Being Unwound While Stubborn BTC Traders Deepen Bearish Bets

probably_nothing_anon · 2025-12-26T20:49:12+00:00

Whale activity on Hyperliquid shows contrasting strategies as market conditions change. Some traders reduce exposure, while others double down on shorts, indicating differing risk appetites and potential market shifts.

probably_nothing_anon

2025-12-26 20:49:12

Abstract generation in progress

BlockBeats monitoring reveals intriguing divergence in whale behavior on Hyperliquid as market conditions shift. While some major traders are tactically reducing exposure, others are doubling down on contrarian positions—a classic signal of differing risk appetites among the platform’s most sophisticated users.

ETH Shorts Face Pressure as Whales Trim Positions

As Ethereum pulled back today, a notable whale wallet began scaling back its ETH short position strategically. The trader liquidated a combined 9.45 million USD in short exposure across two separate transactions within a 6-hour window. Despite these reductions, the position remains deeply underwater with unrealized losses hovering around 5.27 million USD. The liquidation level sits at 7,304 USD, suggesting this whale maintains conviction despite current drawdowns.

BTC Shorts Cook Deeper: Whale Adds 853K Despite 9M in Losses

More aggressive trading emerged from another major address that bucked the trend entirely. Rather than reduce risk exposure, this whale increased its BTC short position by adding 853,000 USD in fresh leverage. The contrarian move appears bold—or perhaps desperate—given the position is already nursing 9.02 million USD in unrealized losses. With Bitcoin trading at $87.67K and the liquidation price set at 127,873 USD, this trader is betting heavily on continued downside. The shorts cookies are baking while losses mount.

Mixed Signals from ETH Long Side

A third whale revealed a more cautious stance by trimming its Ethereum long position by 830 coins, worth approximately 3.95 million USD at current prices near $2.93K. This adjustment only resulted in minimal losses of 44,600 USD, with a liquidation floor at 4,091 USD—suggesting a relatively conservative risk setup that paid off.

Market Interpretation: The divergence in whale behavior hints at fundamental disagreement about near-term direction. While some traders are de-risking, stubborn bears remain committed to their bearish convictions despite mounting paper losses. These capital flows often precede significant market moves as whales either average down into conviction trades or gradually exit losing positions.

#Hyperliquid #WhaleWatching #BTC #ETH

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