A $68M short position definitely grabs attention, but I'm more interested in what happens next.

Big whales can be right, but even a 100% historical win rate doesn't guarantee the next trade.

The interesting part?

If too many traders lean bearish, a sudden move upward can turn into a painful short squeeze.

Watching positioning, open interest and price action together makes more sense than blindly following one whale.

Let's see how this plays out.

#Bitcoin #Hyperliquid