[Satoshi Index] Top traders' long proportion over 24 hours drops from 71% to 8%… 7-day and 30-day groups maintain short positions around 90%

Top-performing traders across Hyperliquid, Lighter, dYdX and Pacifica flipped decisively bearish over the past 24 hours, with long positions totaling about $172 million against $1.999 billion in shorts—a long share of just 8%, down from 70.8% roughly 21 hours earlier when longs were $674 million and shorts $279 million. The reversal reflects aggressive de-risking and fresh short builds among the highest-performing 24-hour cohorts on those four perpetual futures venues. Traders ranked by 7-day and 30-day performance remain even more bearish, holding short exposure of around 90%. The shift matters because top-trader positioning is often read as a sentiment gauge for near-term derivatives flows. Next, watch whether the 24-hour group’s extreme short tilt persists or mean-reverts, and whether funding rates and liquidation clusters build on the short side.