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📰 [Glassnode: Hyperliquid whales continue to go long, believing Bitcoin will break through the consolidation range]
BlockBeats news, April 24th, according to Glassnode data, whales on Hyperliquid continue to go long, believing Bitcoin will break through the 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.
$BTC These whales stacking long positions on Hyperliquid are just big players in the casino adding bets. Glassnode's data? I’ve long run their algorithms, and they’re all lagging indicators. Market sentiment, in my view, is just a bunch of noise. Don’t expect them to predict a breakout; the real opportunities are only for the code. 👇👇👇👇👇