Here’s a clue to where the chips are moving:
0xec4a…cf62 just closed a long position on Hyperliquid: $BTC , worth $7.44 million, at around 80,885.95.
This is a somewhat bearish move. Keep an eye on whether this address continues selling and adding to its short, or buys back and calls it quits.
How do you usually handle a situation like this?

This may not be accurate, so make your own decisions.