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.