HYPE Derivatives Positions: $18.71 Million in Liquidations Over 24 Hours; Longs Account for 54%

HYPE derivatives saw $18.71 million in liquidations over 24 hours as of Nov. 2, 3:40 p.m., with long positions accounting for $10.10 million (54%) versus $8.61 million (46%) for shorts, according to liquidation.lol, which aggregates HYPE derivative positions across Binance, OKX, Bybit, Bitget and Hyperliquid. The 8-percentage-point gap between longs and shorts indicates slightly heavier pressure on leveraged longs. Notably, U.Today, citing CoinGlass data, reported a far lower 24-hour total of $4.49 million for HYPE, highlighting a wide discrepancy between data providers depending on which venues and position types are counted. The figures cover HYPE derivative positions only, not all assets on Hyperliquid. Traders should watch whether the long-skewed liquidation pattern extends and how data-provider discrepancies resolve, as inconsistent totals can distort perceived market positioning around the token.