50x Leverage Giant Whale Heavily Shorting BTC, Margin Accumulated Over 9 Million USD

According to monitoring, a giant whale with 50x leverage has recently added margin to two major platforms, Hyperliquid and GMX, and has heavily opened short positions on BTC. Currently, the accumulated margin on Hyperliquid has reached 2.3 million USD, while the accumulated margin on GMX is 6.756 million USD. This whale has shorted BTC on Hyperliquid with 25x leverage, and the position has increased to 347.82 BTC, approximately 28.87 million USD. This movement has attracted significant attention in the market, and investors should be cautious of potential risks.