Bitcoin whales build long positions as funding stays deeply negative
Long bias from the largest perpetual traders on Hyperliquid has built steadily through February, March and April, with the position now leaning aggressively long as bitcoin tags $80,000 and US-Iran talks resume.
Given the aggressive long positions from Bitcoin whales and the positive sentiment around the $80,000 mark, it is likely that Bitcoin prices will continue to rise in the near term. The resumption of US-Iran talks may also contribute to increased market optimism.
Long bias from the largest perpetual traders on Hyperliquid has built steadily through February, March and April, with the position now leaning aggressively long as bitcoin tags $80,000 and US-Iran talks resume.
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