‘Satoshi Index’ is a daily series in which Satoshi Note™, a crypto portfolio tracker, analyzes the current positions of top traders using on-chain data. Data refreshes hourly; figures reflect the aggregation time stated in the article. [Editor’s note]

As of 6:49 a.m. KST on Nov. 9 (21:49 UTC on Nov. 8), the top 100 traders by 24-hour performance on Hyperliquid, Lighter, dYdX and Pacifica combined hold about $188 million in long positions and $2.24 billion in short positions in crypto perpetual futures, a short share of about 92%. The figure sums each exchange’s top 100 by 24-hour performance separately, by asset.

In last evening’s edition (aggregated at 4:06 p.m. KST on Nov. 8) the same group held about $129 million long and $2.39…