The Hyperliquid address 0xb83de0...6e36 currently holds short positions in BTC and ETH.
News is news, and structure is structure: until the trend changes, don't let one piece of news throw you off.
The situation itself isn't complicated; what's worth considering is whether there will be any follow-up action.
$BTC is currently at 75,500. Do you pay more attention to news or technical analysis?

Just my personal observation, not a recommendation to buy or sell.