According to @EmberCN, whale address 0x5b5d has aggressively increased short positions against BTC, ETH, and SOL on Hyperliquid since May 9, 2025, deploying $40.5 million USDC as margin with 5x leverage. The total position value has reached $160 million. This significant bearish bet by a major player could intensify downward pressure on the crypto market and increase volatility for these leading assets. Traders should closely monitor this address’s activity for potential price swings and liquidation risks, as large leveraged shorts often precede major market moves. (Source: @EmberCN, Twitter, May 12, 2025)

According to Ai 姨 (@ai_9684xtpa), a major whale who had been shorting 8,000 ETH since April 22 was forced to close their position in the last 30 minutes, buying back all ETH and realizing a $382,000 loss as prices rose from a $1,731 average entry to a $1,778.7 exit. This move reduced the whale’s total swing trading profits since April 13 to $1.029 million. The event highlights the risks of leveraged short strategies in volatile markets, impacting trading sentiment and emphasizing the importance of tight risk management for ETH traders (source: Twitter @ai_9684xtpa).