Two giant whales shorted over $49 million on Hyperliquid

ChainCatcher message, according to Lookonchain monitoring, the whale 0x8c58 deposited 5,380,000 USDC to Hyperliquid 2 hours ago to open a 20x ETH short position, with a position size of approximately 1,500 ETH (worth about 6,060,000 USD). Another whale 0x939f added 4,500,000 USDC in the past 20 hours, expanding its BTC short position to 394 BTC (worth about 43,700,000 USD), while also holding short positions in SOL, XRP, and ETH.