# [Satoshi Index] Top Traders’ 24-Hour Long Share Falls From 71% to 8%

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/56130
Published: 2026-11-13T01:01:57.000Z
Updated: 2026-11-13T01:01:57.000Z
Section: Investing

> Top traders’ 24-hour long share across four exchanges fell to 7.9% at 5:19 a.m. from 70.8% yesterday morning. The seven-day and 30-day groups were 91.9% and 90.5% short. BTC fell 3.6% and ETH 1.8% over 24 hours.

‘[Satoshi Index](<https://satoshinote.io/?utm_source=tokenpost&utm_medium=article&utm_campaign=coin_positions_daily_20261113_09>)’ is a daily series by SATOSHI NOTE™ that analyzes top traders’ current positions using on-chain data. Data is updated hourly, and figures reflect the compilation times stated in the article. [Editor’s note]

As of 5:19 a.m. on November 13, positions held by the top-performing traders over the past 24 hours across Hyperliquid, Lighter, dYdX and Pacifica totaled approximately $172 million in longs and $1.999 billion in shorts, with longs accounting for about 8%. These figures aggregate positions by asset after separately identifying the top 100 traders by 24-hour performance on each exchange.

At 8:09 a.m. yesterday, the same 24-hour group held approximately $674 million in longs and $279 million in shorts, with longs accounting for 70.8%. Over roughly 21 hours, longs fell by approximately $502 million and shorts rose by approximately $1.72 billion, reducing the long share by 62.9 percentage points. Comparing Hyperliquid prices at 8:42 a.m. yesterday and 8:41 a.m. today, Bitcoin (BTC) fell 3.5% from $73,791 to $71,220, while Ethereum (ETH) fell 1.7% from $2,050 to $2,014.

The seven-day group held approximately $193 million in longs and $2.189 billion in shorts, giving longs an 8.1% share. That was 2.3 percentage points below yesterday morning’s 10.4%, with shorts continuing to account for more than 90%.

The 30-day group held approximately $235 million in longs and $2.249 billion in shorts, with longs accounting for 9.5%, down 0.8 percentage points from 10.3% yesterday morning. Unrealized profits totaled approximately $284 million for the seven-day group and $285 million for the 30-day group. The 24-hour group also recorded approximately $251 million in unrealized profits, a reversal from approximately $29 million in losses yesterday morning.

![ Satoshi Index  Top Traders’ 24-Hour Long Share Falls From 71% to 8%](<https://mzwrodgsdjfdyvnraeya.supabase.co/storage/v1/object/public/article-media/articles/95059cdc34d78e78d0cf4eec6433ab6f809754cc57a4d7475f1741b8a0a9231b.webp>)

SATOSHI NOTE Satoshi Index — Long and short positions by asset for the top 100 traders by 24-hour performance on each of four exchanges: Hyperliquid, Lighter, dYdX and Pacifica

BTC’s 24-hour group had 66 traders holding longs and 186 holding shorts, a marked change from 140 holding longs and 48 holding shorts yesterday morning. Positions totaled approximately $38.1 million in longs and $812 million in shorts, with longs accounting for about 5%. The seven-day group had 77 traders holding longs and 167 holding shorts, with long holders accounting for 32% of traders. It held approximately $69.5 million in longs and $823 million in shorts. The 30-day group had 83 traders holding longs and 183 holding shorts.

ETH’s 24-hour group had 56 traders holding longs and 146 holding shorts, an increase in short holders from yesterday morning’s 96 long holders and 41 short holders. Positions totaled approximately $46.5 million in longs and $343 million in shorts, with the long share falling to about 12% from about 76% yesterday morning. The seven-day group had 53 traders holding longs and 154 holding shorts, with long holders accounting for 26% of traders. It held approximately $13.1 million in longs and $427 million in shorts. The 30-day group had 62 traders holding longs and 161 holding shorts.

Among assets that could be compared with yesterday morning’s table, [Hype (HYPE)](<https://satoshinote.io/traders/coins/hype?window=week&utm_source=tokenpost&utm_medium=article&utm_campaign=coin_positions_daily_20261113_09>) showed the largest change in its seven-day group. HYPE had 36 traders holding longs and 139 holding shorts yesterday morning, with long holders accounting for 21% of traders. In the latest reading, it had 44 holding longs and 112 holding shorts, raising that share to 28%. Positions totaled approximately $8.3 million in longs and $295 million in shorts, with longs accounting for about 3%. The group had approximately $2.3 million in unrealized losses.

[Zcash (ZEC)](<https://satoshinote.io/traders/coins/zec?window=day&utm_source=tokenpost&utm_medium=article&utm_campaign=coin_positions_daily_20261113_09>)’s 24-hour group shifted from 47 traders holding longs and 31 holding shorts to 34 holding longs and 85 holding shorts. Shorts were also much larger by value, with approximately $5.2 million in longs and $119 million in shorts. The price fell 1.6% over 24 hours, and the group had approximately $37.5 million in unrealized profits. Among the top 20 assets by position value, 13 had larger long than short positions in the 24-hour group yesterday morning. In the latest reading, only Nvidia (NVDA) did.

![ Satoshi Index  Top Traders’ 24-Hour Long Share Falls From 71% to 8%](<https://mzwrodgsdjfdyvnraeya.supabase.co/storage/v1/object/public/article-media/articles/21420df1b42bcad5a57f6f23c6dfe0c97f8cbc3200f22f502a9bf9afdee5fa72.webp>)

SATOSHI NOTE Satoshi Index — Long and short positions by asset for the top 100 traders by seven-day performance on each of four exchanges: Hyperliquid, Lighter, dYdX and Pacifica

These groups are reselected hourly based on performance over each period, so changes in the accounts making the rankings can also change the directional shares. Short-term rankings favor traders who correctly anticipated price movements during that period. The increase in the 24-hour group’s total position value from approximately $950 million yesterday morning to approximately $2.17 billion also indicates a substantial change in the group’s composition.

Also, because the figures aggregate only positions held by the top 100 traders on each of the four exchanges, a few large positions can heavily influence the overall shares by value. The approximately $823 million in shorts held by BTC’s seven-day group is one example. Holdings on other exchanges and spot holdings are excluded, so it is also unclear whether positions are hedged. Current positions reflect only the current state and do not indicate future direction.

Go to SATOSHI NOTE™: [Get started with SATOSHI NOTE](<https://satoshinote.io/?utm_source=tokenpost&utm_medium=article&utm_campaign=coin_positions_daily_20261113_09>)

Investment caution: This article is for informational purposes, based on publicly available on-chain data, and does not recommend buying or selling any particular crypto asset or taking any investment direction. Top traders’ current positions and past performance do not guarantee future returns. Investors are solely responsible for all investment decisions and their consequences.



## Links in this article

- [Satoshi Index](https://satoshinote.io/?utm_source=tokenpost&utm_medium=article&utm_campaign=coin_positions_daily_20261113_09)
- [Hype (HYPE)](https://satoshinote.io/traders/coins/hype?window=week&utm_source=tokenpost&utm_medium=article&utm_campaign=coin_positions_daily_20261113_09)
- [Zcash (ZEC)](https://satoshinote.io/traders/coins/zec?window=day&utm_source=tokenpost&utm_medium=article&utm_campaign=coin_positions_daily_20261113_09)
