https://preview.redd.it/6kx9t3mke84g1.png?width=3136&format=png&auto=webp&s=eb7fff4bea07ecf32621eed2474ab5c10f5e44b9

I’ve been tracking the positioning of over 70,000 wallets, and the divergence between “Smart Money” and “Retail” is still quite large.

The data comes from Hyperliquid traders, and shows a more bearish picture for the top 1%.

If you look at the Portfolio Size section on the left:

Large $1 mil+ wallets are overwhelmingly red. The largest holders are net short or. This includes majors like ETH, SOL, XRP.

Smaller submitted by

You might also be interested in reading UKIPO Publishes Guide on NFT and Virtual Goods Trademarks.