Whale Traders Take Aggressive Long Positions on Hyperliquid's HYPE Token as Retail Traders Turn Bearish

Whale traders have taken their most aggressive net-long positions in eight months on Hyperliquid's HYPE token, even as retail participants sit at a 12-month bearish extreme

Data from Alphractal shows that since early May, large traders have been quietly building leveraged long positions while retail participants turned bearish and began short selling into the rising trend

That kind of split has historically triggered a wave of short covering by retail traders