🐳 Smart Whales Don't Sleep

One of the top traders who earned over $15 million on Hyperliquid has started an active game against the market.

📉 He opened short positions on five assets at once: ETH, #BTC , #AVAX , #SOL and USUAL - and seems to be betting on a quick decline.

🔹 His approach to Ethereum is especially interesting: He placed 100 limit orders to short ETH in a narrow range of $2460-$2480. This means that he plans to gradually increase his positions as the price rises - a classic "short by levels" strategy.

📊 What this could mean: This approach indicates high confidence in a further decline in the market. The range of $2460-$2480 may turn out to be a key resistance for #ETH - from here the trader expects the price to fall.