Whale double short attack, leverage fully loaded! ETH+XRP next big killer?
On May 14th, on-chain data showed that a whale deposited 4.4 million USDC to HyperLiquid, boldly opening a 20x short position on ETH and an 8x short position on XRP.
High leverage combined with double shorts, is it really bearish? Or is it a reverse signal for a short squeeze?
The last time a similar move happened, the price took off from the same position. Are you following this time? Short or reverse long?
