85% for Hyperliquid Top20 dey Loss, Only 3 dey Make Profit
On August 19, di on-chain analytics firm AiYi report say 85% of di top 20 Hyperliquid trading addresses dey suffer unrealize loss, wit only three addresses sabi profit. If you extend am reach di top 100 addresses, na only 34 dey for positive side. Dis data dey show say plenty people dey lose for top accounts for Hyperliquid, e mean say bearish vibes full everywhere plus margin risks fit dey. Traders suppose dey watch make dem no force liquidate wey fit make selling pressure heavy. The fact say di exchange get plenty unrealized losses fit make short-term price movement hard plus e fit mean caution for people wey get leveraged positions. As Hyperliquid dey grow their users, to dey monitor how addresses dey make profit fit give early idea of trader risk tori and how market dey move.
Bearish
The fact say 85% of Hyperliquid’s Top20 addresses dey underwater shows say di big traders dem get bearish mind. When unrealized loss plenty, e fit make margin calls happen and force liquidations, wey fit cause cascade sellin and increase short-term volatility. For past tins, like wen big loss positions gather gidigba for 2022 inside major exchange, similar on-chain signs dey show before price fall and market run comot. Even tho Hyperliquid market share smaller pass big exchanges, di constant floating loss mean say traders dey fear risk and maybe dem go start sell. For long term, if dem washout all di overleveraged traders, e fit set better rebound, but near term, things still bearish till big change happen for address profitability.