In the midst of a bullish sentiment in the market, there are always contrarians. A whale address deposited 3.36 million USDC into HyperLiquid and then immediately opened short positions on BTC, ETH, and SOL, with a significant leverage.
This operation is simply like "hearing thunder in a silent place." Just when ETH was about to break new highs and SOL had just crossed the $200 mark, he chose to short the two major favorites in the market.
This could either be an extremely confident hedge or a sign that he has detected dangers that we haven't noticed.
Combined with today's news that "Brother Maji" closed a long position for a profit of 33.83 million dollars and is also considering going short, along with Abraxas Capital facing a massive loss of 244 million dollars while still holding their short position, the battle between bulls and bears has entered a heated stage. The involvement of this whale has made the already tense game even more enigmatic.