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BlackBerry’s Q1 Revenue Rise Lifts BB Contract as Short Positions Dominate on Hyperliquid

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2026-06-26 03:03:52
BlackBerry (BB) posted a 26% year-over-year increase in Q1 revenue, beating its guidance and raising its full-year outlook, outperforming broader market weakness tied to higher PCE inflation and a pullback in technology stocks. According to BlockBeats On-chain Detection, BB perpetual contracts on Hyperliquid rose 12.6% over the past 24 hours to $10.28.

On-chain whale positioning was broadly bearish, with total short notional size at about $9.6 million, roughly 2.17 times the long notional size of about $4.42 million, indicating a strong net-short market structure. However, the average short entry price was around $9.25, which has been surpassed by the current price of $10.28, leaving many short positions under pressure. By contrast, the average long entry price was about $9.05, putting long positions in overall unrealized profit.

Liquidation levels showed the nearest short liquidation line at $13.2, about 28.4% above the current price, while the nearest long liquidation line was at $6.72, about 34.7% below.

The most profitable address, 0xfc07, held a 5x leveraged long position with a notional size of about $1.33 million and an entry price of $8.8, with a reported return of 70%.
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