According to Odaily Planet Daily, Lookonchain monitoring revealed that whale 0x8c58 deposited $5.38 million USDC into Hyperliquid two hours ago to open a 20x ETH short position, with a position size of approximately 1,500 ETH (worth approximately $6.06 million). Another whale, 0x939f, deposited an additional $4.5 million USDC in the past 20 hours, expanding its BTC short position to 394 BTC (worth approximately $43.7 million). The whale also holds short positions in Sol, XRP, and ETH.