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South Korean Wallets Become Short-Selling Leader in CyberTech on Hyperliquid With $760K Short Positions

Derivatives Data

2026-07-27 08:31:14

HYPE2.45%

According to HyperInsight, South Korean-tagged wallets emerged as the primary short-selling force on Hyperliquid ahead of CyberTech's token launch, holding approximately $760K in short positions, roughly 38 times larger than their long positions. In contrast, U.S.-tagged wallets showed strong bullish sentiment with net long positions of $1.255M, while Hong Kong-tagged wallets held net long positions of $869K. Taiwan-tagged wallets also leaned bearish with net short positions of $329K. Mainland Chinese wallets maintained minimal exposure with net long positions of $67K, according to the data monitored by Odaily.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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