Two major whales hold short positions exceeding $49 million on Hyperliquid
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According to ChainCatcher, monitored by Lookonchain, whale 0x8c58 deposited 5,380,000 USDC into Hyperliquid two hours ago to open a 20x ETH short position, with a position size of approximately 1,500 ETH (worth about 6,060,000 USD). Another whale, 0x939f, added 4,500,000 USDC in the past 20 hours, expanding its BTC short position to 394 BTC (worth about 43,700,000 USD), and is also holding short positions in SOL, XRP, and ETH.
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