"A major trader on Hyperliquid has taken extremely large bearish positions, shorting $414 million in Bitcoin at 40x leverage and $40 million in Ethereum at 25x leverage, indicating a strong belief in a market downturn."
"A high-volume trader is making aggressive bets against Bitcoin and Ethereum, with short positions totaling hundreds of millions of dollars and utilizing very high leverage."
Focusing on the whale's actions:
"A prominent Hyperliquid trader has significantly increased their short positions, opening substantial shorts on both $BTC and $ETH demonstrating a decidedly bearish outlook."
"This Hyperliquid whale is doubling down on a bearish strategy, adding a large Ethereum short to their already massive Bitcoin short."
