Rank every account by open profit. The 100 most profitable (left) are net short ETH, BTC and SOL. The 100 deepest underwater (right) are net long the same three. HYPE is the tell: the crowd is short it too, and heavily, the one major nobody is fighting. A crowded short is squeeze fuel.
The crowd is trapped long almost everywhere while the shorts sit clean. The most crowded and bleeding are the next dominoes: NEAR (book skewed 14% long, 80% underwater) and AVAX (16% long). HYPE longs held up best of the majors at 63%, the relative strength worth watching.
Each bar is a liquidation wall, placed on the axis by how far price has to move to hit it and sized by the dollars forced out when it does. HYPE's long wall sits right against current: an 8% drop sets off $86M of forced selling. ETH's bigger wall waits 12% lower, BTC's a distant 33%. The blue bars on the right are the short squeeze fuel above price.
The full read. A crowded book with one side deep underwater is squeeze or capitulation fuel. Find your market and see where the crowd actually sits.
| Asset | Longs / Shorts | Longs underwater | Shorts underwater |
|---|---|---|---|
| HYPE | 1,215 / 754 | 63% | 49% |
| BTC | 1,013 / 908 | 95% | 3% |
| ETH | 540 / 629 | 96% | 2% |
| SOL | 336 / 391 | 97% | 5% |
| ZEC | 350 / 351 | 69% | 27% |
| NEAR | 244 / 153 | 80% | 22% |
hypr.run is a direct pipe to frictionless Hyperliquid execution. Three-tap entries. In-app auto-sizing to risk with our 3-phase systematic trade engine (risk → breakeven → ATR trail). Stop losses on SPOT. Disciplined trading made easy…works everywhere.