Big money is betting against $ETH right now.
Two whales on Hyperliquid are shorting a combined 50,838 ETH, worth roughly $98M.
That’s a pretty serious bearish bet, especially with both positions using heavy leverage.
Wallets:
0x6de826934315dec6bfba7a20be881d76d4f76e4c
0xc63a0f0db2c9604283172e83bd035902e0f0a3cd
If ETH starts pushing higher instead, these shorts could get squeezed pretty quickly.