# [Satoshi Index] Top Crypto Traders' 24-Hour Short Notional Rises to $2.56 Billion From $1.51 Billion on Hyperliquid, Lighter, dYdX and Pacifica as Long Share Falls to 7%

By Token Post

Canonical URL: https://www.tokenpost.com/news/investing/47507
Published: 2026-11-03T09:00:36.000Z
Updated: 2026-11-03T09:00:36.000Z
Section: Investing

> As of 3:39 p.m. KST Nov. 3, the long share of the 24-hour top group on Hyperliquid, Lighter, dYdX and Pacifica is about 7%, down from 20% in yesterday evening's edition, as short notional rose to $2.56 billion from $1…

‘Satoshi Index’ is a daily series in which [Satoshi Note™, a crypto portfolio tracker](<https://satoshinote.io/?utm_source=tokenpost_com&utm_medium=article&utm_campaign=coin_positions_daily_en_20261103_18>), analyzes the current positions of top traders using on-chain data. Data refreshes hourly; figures reflect the aggregation time stated in the article. [Editor's note]

As of 3:39 p.m. KST on Nov. 3 (6:39 a.m. UTC), the top 100 traders by 24-hour performance on Hyperliquid, Lighter, dYdX and Pacifica combined hold about $180 million in long positions and $2.56 billion in short positions, a long share of about 7%. The figure sums each exchange's top 100 by 24-hour performance separately, by asset.

In yesterday evening's edition (aggregated at 2:48 p.m. KST on Nov. 2) the same group held about $368 million long and $1.51 billion short, a long share of about 20%. In the roughly 25 hours since, long notional fell by $188 million and short notional rose by $1.05 billion. On Hyperliquid prices, comparing 5:41 p.m. yesterday with 5:42 p.m. today, Bitcoin (BTC) moved from $78,347 to $76,492, down 2.4%, and Ethereum (ETH) from $2,301 to $2,250, down 2.2%.

The top group by 7-day performance holds about $489 million long and $2.48 billion short, a long share of about 16.5%, down from 18.6% yesterday evening as long notional fell by $63 million. Its unrealized gain went from about $74 million to about $130 million.

The 30-day group holds about $258 million long and $2.92 billion short, a long share of about 8.1%, down from 9.7%. The short-heavy pattern remains in all three groups: 6.6% long in the 24-hour group, 16.5% in the 7-day group and 8.1% in the 30-day group.

![Satoshi Note Satoshi Index — positions by asset of the top 100 traders by 24-hour performance on Hyperliquid, Lighter, dYdX and Pacifica combined](<https://mzwrodgsdjfdyvnraeya.supabase.co/storage/v1/object/public/article-media/articles/0353f02b336d227f268d3c7b29a9c1b0e1d8c2dda86b45562d17dcd1ce730d80.webp>)

Satoshi Note Satoshi Index — positions by asset of the top 100 traders by 24-hour performance on Hyperliquid, Lighter, dYdX and Pacifica combined. Source: Satoshi Note

BTC in the 24-hour group has 58 long and 172 short accounts, versus 110 and 97 yesterday evening. By notional the group holds about $48 million long and $801 million short, a long share of 6%, versus 19% before. In the 7-day group the 84 long and 159 short accounts hold about $800 million short, similar to yesterday, and the 30-day group has 84 long and 184 short accounts with about $902 million short.

ETH in the 24-hour group has 48 long and 143 short accounts, about $28 million long and $574 million short, a long share of 5%. Yesterday evening it held about $106 million long and $266 million short, a long share of 29%. ETH's unrealized gain in this group rose from about $0.2 million to about $19 million, and the 7-day group's gain from about $11 million to about $17 million.

By asset, the 7-day move in [NEAR Protocol (NEAR)](<https://satoshinote.io/traders/coins/near?window=week&utm_source=tokenpost_com&utm_medium=article&utm_campaign=coin_positions_daily_en_20261103_18>) was the largest. Yesterday evening it had 43 long and 41 short accounts, a long share of 51% by headcount; in this edition it has 31 long and 71 short, or 30%, the largest change among the top-20 assets checked. In the 7-day group NEAR holds about $8.3 million long and $30 million short. It is at $3.751, down 9.1% over 24 hours.

In the 24-hour group Zcash (ZEC) has 40 long and 80 short accounts; long notional fell from about $42 million to about $5.8 million while short notional rose from about $147 million to about $168 million. It is at $1,125.45, down 11.1% over 24 hours, and its unrealized gain of about $31 million in this group is the largest of any asset. Hyperliquid (HYPE) has 48 long and 119 short accounts, with about $379 million short versus $269 million yesterday evening, and is at $82.95, down 4.5% over 24 hours. HYPE carries the largest unrealized loss of any asset: about $21 million in the 24-hour group and $51 million in the 30-day group.

![Satoshi Note Satoshi Index — positions by asset of the top 100 traders by 7-day performance on Hyperliquid, Lighter, dYdX and Pacifica combined](<https://mzwrodgsdjfdyvnraeya.supabase.co/storage/v1/object/public/article-media/articles/b186f4365b1640b92394d8763058b60838981579c041bf0ef2416a68807f7542.webp>)

Satoshi Note Satoshi Index — positions by asset of the top 100 traders by 7-day performance on Hyperliquid, Lighter, dYdX and Pacifica combined. Source: Satoshi Note

A 24-hour group whose short notional rose from $1.51 billion to $2.56 billion does not mean those accounts added to their positions. The groups are re-selected every hour on performance over each window, so when the accounts that make the ranking change, the direction split changes with them. Short-window rankings tend to lift the traders who were on the right side of that window's price moves. In this edition prices of BTC, ETH and ZEC fell while the 24-hour group's unrealized gain grew from about $11 million to about $120 million.

The figures also sum only the top-100 positions on four exchanges, so a few large positions can sway the notional split, and holdings on other exchanges or in spot are not counted, leaving any hedging unknown. The 24-hour group's total notional in this edition is about $2.74 billion, up from $1.9 billion yesterday evening. Current positions describe the present, not where the market goes next.

Satoshi Note™: [Get started with Satoshi Note, a crypto asset management app](<https://satoshinote.io/?utm_source=tokenpost_com&utm_medium=article&utm_campaign=coin_positions_daily_en_20261103_18>)

Disclaimer: This article is provided for informational purposes only, based on public on-chain data, and does not recommend buying or selling any digital asset or any trading direction. The current positions and past performance of top traders do not guarantee future returns. All investment decisions and their consequences rest with the investor.



## Links in this article

- [Satoshi Note™, a crypto portfolio tracker](https://satoshinote.io/?utm_source=tokenpost_com&utm_medium=article&utm_campaign=coin_positions_daily_en_20261103_18)
- [NEAR Protocol (NEAR)](https://satoshinote.io/traders/coins/near?window=week&utm_source=tokenpost_com&utm_medium=article&utm_campaign=coin_positions_daily_en_20261103_18)
