
1/ Midweek Hyperliquid Report 2026-09-24 The week's forced flow on Hyperliquid ran against the shorts by nearly three to one, with $365MM of short liquidations over 7d against $133MM of longs, though the skew is concentrated in one session, 21 Sep alone carrying $218MM of forced flow of which $207MM was liquidated shorts. The direction has since turned over, with 23 Sep closing on long liquidations and 24 Sep running the same way through the first half of the session. (i) Forced flow (ii) Funding and turnover (iii) The algo tape and HIP-3 markets
