$BTC Significant whale activity on #HyperLiquid shows aggressive $BTC short positions.

Whale 1: Deposited $5.58M $USDC, opening a 40x leveraged short worth over $70M, currently facing an $891K unrealized loss.

Address: 0xe651...bae41

Whale 2: Deposited $4.9M $USDC for an 11x leveraged short valued at over $56M, with a $604K floating loss.

Address: 0xca8...507d

These high-leverage bets suggest bearish sentiment, but the current losses indicate potential market resilience.