Short positions remained the larger side of selected crypto futures accounts in Satoshi Note’s latest Satoshi Index reading, although long exposure took a bigger share of the 24-hour cohort’s total over about seven hours.
The index’s Tuesday 1:13 a.m. ET (06:13 UTC) snapshot showed about $519 million in longs and $1.46 billion in shorts for accounts ranked on 24-hour performance at four derivatives exchanges. Longs made up 26.3% of the group’s combined position value.
Compared with 6:02 p.m. ET Monday (23:02 UTC), the long total was roughly $40 million higher, while shorts were down about $306 million. The long share had been 21.4%, making the increase 4.9 percentage points.
Ether (ETH) represented about $81.2 million in long positions and $274 million in shorts, giving it an approximate long share of 23%, against 11% in the earlier tally. Bitcoin (BTC) stood at around $149 million long and $469 million short.
Longs accounted for 11.2% of value in the seven-day cohort and 10.7% in the 30-day cohort. Both readings leave about 89% on the short side.
Across all three groups, the index reported unrealized gains of approximately $103 million for the 24-hour cohort, $198 million for the seven-day group and $204 million for the 30-day group. These estimates reflect what open positions would show at current prices; they do not establish that traders closed positions and realized those gains.
Satoshi Note’s Satoshi Index compiles separate lists of 100 accounts ranked by performance on Hyperliquid, Lighter, dYdX and Pacifica, then totals their positions by asset. Because inclusion depends on performance, membership may differ between snapshots, so the higher long share does not show that the same traders moved from shorts into longs. The tally covers selected positions on those four exchanges, excluding other venues and spot holdings.
The latest reading contrasts with an earlier EconoTimes report on cohorts that were more than 92% short.
