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Glassnode: Whales on Hyperliquid Continue to Go Long, Expecting Bitcoin to Break Out of Consolidation Range

AirdropBlackHole

2026-04-24 10:01:28

Abstract generation in progress

On April 24, data from Glassnode revealed that whales on Hyperliquid are continuing to go long, believing that Bitcoin will break out of its consolidation range. Over the past two months, their confidence and long positions have steadily increased, indicating a strong bullish sentiment among large perpetual contract traders.

BTC0.7%

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