This morning's drop significantly reduced the number of whales profiting from shorting on the blockchain. 🙈
- A whale with a 100% win rate has fallen.
- Insider gurus are trapped.
- Even speculators have been fleeced.
In the past 24 hours, 430,000 accounts across the network have been liquidated, totaling $1.75 billion. The top short positions on Hyperliquid are held by hedging addresses that have racked up millions in funding fees. Those who are observing, those who have lost everything, and those who are holding back are all becoming cautious with their funds in the face of this volatile market. After all, staying at the table is the most important thing.