Hyperliquid’s Biggest Traders Are Shorting Bitcoin for the First Time Since March. Could BTC Drop Below $75,000?

Hyperliquid’s biggest traders have shifted to net short positions on Bitcoin (CRYPTO: BTC) for the first time since March 2026, according to data from Glassnode, a firm specializing in on-chain analytics. A net short position means the positions that profit from a falling price now outweigh those that profit from a rising one. This shift […]