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Bitcoin whales see positive turn in pn l on hyperliquid

Bitcoin Whales See Profit Again | Long Positions Push Forward

By

Isabella Fischer

Mar 10, 2026, 08:24 PM

2 minutes to read

Visual representation of Bitcoin whales showing positive PnL growth with long positions rising against shorts.

In a significant turn of events, bitcoin whales have reported positive performance on their long positions for the first time in months. As of March 2026, a total of $1.4 million is now cumulative across 84 long positions, contrasting with $32.5 million across 71 short positions. This shift comes as 23 new whales with at least 25 BTC each entered the market recently.

Whale Activity and Leverage Trends

The mood among the market participants is cautiously optimistic. Many have noted the prolonged struggle of long positions which had been underwater for an extended period. As one person remarked, "Finally some green for the whales!"

Whales are increasingly trading with greater leverage, bumping the average to around 17x. This marks a change, as shorter positions have maintained lower leverage since last summer. The average liquidation point for long positions sits at around $45,000, although some positions are protected by cross-margining, minimizing liquidation risk.

Insights from the Community

Comments from forums illustrate a mix of cautious optimism and skepticism regarding the current market trend:

"This is literally the first time I see longs in profit as a whole."

The sentiment suggests a renewed interest in long positions, likely influenced by improved market conditions. The long positions finally turning positive holds significant implications for market trends moving forward. With their recent gains, some traders might feel emboldened to continue adding to their positions.

Key Observations

  • πŸ”Ί Long positions total $1.4 million; shorts at $32.5 million

  • 🐳 23 new whales enter, boosting participation

  • πŸ“Š Average liquidation for longs at ~$45k

  • βš–οΈ Long trading leverage raised to an average of 17x

Despite the positive shift for long traders, caution prevails as many recall the volatility that often follows such trends. As one commentator shared, "Shorts have always used lower leverage, which makes them a steady force in the market."

What's next for bitcoin whales? With the recent entry of new players and a change in leverage patterns, the market may witness more volatility as participants react to these conditions.

Market Movements and Predictions Ahead

Looking at market dynamics, there’s a strong chance that the recent trend of positive long positions will continue. Factors include the influx of new whales, which likely signals increasing confidence among larger investors. Analysts suggest a 60-70% probability that long positions will continue to rise in profitability as market conditions stabilize. Moreover, if bitcoin can maintain or exceed the $45,000 mark, this may encourage more traders to open new long positions, adding further momentum to the upward trend. However, volatility remains a concern, and a quick decline could prompt traders to shift back toward shorts, creating a competitive tug-of-war in the market.

A Historic Echo of Ambitious Turns

Reflecting on the post-2008 housing market recovery, we see a similar surge where many investors pivoted ambitiously after a long stretch of losses. Just as those real estate players eventually adjusted their strategies and risk tolerance in response to changing conditions, today's bitcoin whales may embrace this new landscape with caution. Just as the housing boom found its feet amid uncertainty, navigating the present crypto market will require finesse, adaptability, and perhaps a bit of luck as confidence slowly rebuilds among traders.