The top two Hyperliquid traders hold $1.06 billion in short positions on crypto assets.

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Top altcoins and Bitcoin dominate the short positions held by Hyperliquid’s two largest traders, who collectively control $1.06 billion in crypto market bets. As of November 2 at 4:40 AM, the top account held $617.5 million in short positions across 22 markets, including $224.5 million in Ethereum and $182.1 million in Bitcoin. The trader also held a $43.1 million short position in HYPE, with an $8.34 million floating loss. The second-largest trader held $439.4 million in short positions, including $142.7 million in Bitcoin and $10.7 million in HYPE losses.

Odaily Planet Daily reports that the two most profitable traders on Hyperliquid this month collectively hold approximately $1.06 billion in short positions across cryptocurrencies, precious metals, and memecoins. As of 4:40 AM on November 2, the top-ranked account held short positions in 22 markets totaling $617.5 million, with an overall leverage of approximately 4.7x.

This account has a maximum short position of $224.5 million in Ethereum and an additional $182.1 million in Bitcoin shorts; the HYPE short position is worth $43.1 million, with an unrealized loss of $8.34 million. The account has generated a profit of approximately $99.1 million this month and continued to increase its HYPE short position by about $700,000 between 4:08 and 4:40.

The second-ranked trader holds 30 positions with a total short value of approximately $439.4 million, including $142.7 million in Bitcoin shorts; their HYPE short position is currently underwater by about $10.7 million. Both traders’ accounts rank among the top performers on Hyperliquid this month. (Bitcoin.com News)

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