Bitcoin Whales Shift to Net Short on Hyperliquid for First Time Since March
Large traders on the Hyperliquid platform have turned net short on Bitcoin, reversing their previous bullish stance.
Large traders on the Hyperliquid platform have turned net short on Bitcoin, reversing their previous bullish stance. Bitcoin (BTC) is trading at ₹76,73,065 ($80,541.00), up 0.2% since this brief published. This is an original Token Times brief based on reporting by Crypto.news, with live market data added, as of Tue, 27 Oct 2026 19:00:02 UTC.
This shift in sentiment among large traders could signal increased market uncertainty and potential near-term volatility for Bitcoin, as it occurs near the $80,000 price level.
- Bitcoin whales on Hyperliquid turned net short for the first time since March.
- Hyperliquid's total value locked (TVL) is $1.79B, up 4.1% in the past week.
- Bitcoin is currently trading near $80,000 with a market cap of $1.62T.
- Bitcoin Whales Resume Accumulation, Buying 243,000 BTC Since July
- Bitcoin Whales Shift to Net Short on Hyperliquid for First Time Since March — this brief
Large 
Bitcoin traders on the 
Hyperliquid platform have turned net short, according to data from Glassnode reported by Crypto.news. This marks the first time since March that these whales have adopted a bearish stance on Bitcoin.
The shift in sentiment comes as Bitcoin is trading near the $80,000 price level, with a 24-hour price change of +0.19% and a 7-day decline of 2.72%. The overall cryptocurrency market remains relatively flat with a total market cap of $2.76 trillion and a Fear & Greed index of 48, indicating a neutral market sentiment.
Hyperliquid's total value locked (TVL) has seen a 4.1% increase over the past week, currently standing at $1.79 billion, according to DeFiLlama. This suggests that while large traders are becoming more cautious, the platform itself is experiencing growth in terms of assets under management.
The shift to net short positions by Bitcoin whales could indicate increased market uncertainty and potential near-term volatility. This change in sentiment is particularly noteworthy given the recent price movements and the current trading range of Bitcoin.
Traders and investors should monitor whether this bearish sentiment persists and how it might impact Bitcoin's price trajectory. The $80,000 level could be a key area of interest for determining the near-term direction of the market.
Since this brief published about 1 hour ago, Bitcoin (BTC) has moved from ₹76,57,535.78$80,378.00 to ₹76,73,064.64$80,541.00 — +0.20%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin dip to $77,500 in October?
Crowd-implied probability on Polymarket, ₹8.77M 24h volume, resolves Nov 1 — snapshotted when this brief published (Oct 27 18:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Token Times and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₹8.00M (about $80,541.00), up 0.7% over 24 hours. The rupee itself trades about 4.2% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 27, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Bitcoin Whales Shift to Net Short on Hyperliquid for First T — questions & answers
What does it mean when Bitcoin whales turn net short?
It means large traders are betting on Bitcoin's price to decline, indicating bearish sentiment.
Why is the shift in sentiment significant?
It could signal increased market uncertainty and potential near-term volatility for Bitcoin.
How has Hyperliquid's TVL changed recently?
Hyperliquid's TVL increased by 4.1% over the past week to $1.79 billion.
How much is 1 Bitcoin worth in rupee today?
About ₹8.00M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $80,541.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.20% since this brief first published — trading at ₹76,73,065 ($80,541.00) now versus ₹76,57,536 ($80,378.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Crypto.news. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.