According to Lookonchain, a major crypto whale who shorted BTC, ETH, and SOL with 10x leverage is currently facing a $1.71 million unrealized loss on his Bitcoin position as BTC price climbs. In response, the trader deposited an additional $4 million USDC into Hyperliquid an hour ago, using it to increase his BTC short position and average up his entry, aiming to reduce liquidation risk. This aggressive move indicates heightened risk management efforts and potential for significant market volatility if BTC price continues to rise, directly impacting liquidations and short-term trading strategies for crypto traders (source: Lookonchain, Twitter, May 19, 2025).