[Satoshi Index] With top traders' short concentration continuing, Near Protocol's 7-day group long position ratio rose from 24% to 31%

Top traders across Hyperliquid, Lighter, dYdX, and Pacifica held roughly $2.29 billion in longs against $22.82 billion in shorts as of 4:15 p.m. on November 9, putting short exposure at about 91% of the combined book. That compares with $188 million in longs and $22.38 billion in shorts at 6:49 a.m. the same day, when shorts made up about 92%, meaning long positioning rose by roughly $410 million in about nine hours. On Near Protocol, the share of top traders in the seven-day group holding long positions climbed from 24% to 31%, signaling improving bullish sentiment even as the broader top-trader cohort stays heavily short. The persistent short tilt matters because crowded bearish positioning can amplify squeezes if prices rise, while the shift toward longs on Near suggests selective risk-taking rather than a market-wide turn. Watch whether the long share on Near keeps climbing and whether the aggregate short ratio falls below 90%, which would indicate top traders are beginning to unwind bearish bets.