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Data: Hyperliquid position price heatmap shows BTC long and short positions are both in a fragile state.

2026-07-05 04:27:43

Mars Finance reported that on July 5, Glassnode disclosed that its on-chain indicator, the Hyperliquid Entry Price Heatmap, can show traders’ specific entry prices. Currently, many long positions in the $72k–$76k range and short positions opened around $60k are both in floating losses, making the Bitcoin market highly vulnerable whether prices move up or down; further price volatility could trigger cascading liquidations.

BTC0.35%

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