According to Lookonchain, two giant whale addresses continue to increase their short positions on the Hyperliquid platform.
Address 0x8c58 deposited $5.38 million USDC to Hyperliquid 2 hours ago, opened 20x leverage to short 1,500 Ethereum worth $6.06 million.
Address 0x939f deposited $4.50 million USDC to Hyperliquid in the last 20 hours, continuing its short position in Bitcoin to 394 BTC worth $43.7 million. The address is also short SOL, XPR and Ethereum.
The two whales have deposited nearly 10 million USDC positions in Hyperliquid
2025-10-20 10:11:10
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