Single Hyperliquid address holds $101.4M in BTC and ETH shorts
- —ETH short: 22,577.74 coins worth $54.35 million
- —BTC short: 574.29 coins worth $47.01 million
- —Positions grew by 2,407.79 ETH and 231.43 BTC since October 14
- —Combined notional value rose by $22.35 million
Why it matters: A large short on Hyperliquid signals a bet on further downside for the top assets, though a single position does not set the market's direction.
Source: TokenPost