Viewpoint: Hyperliquid whales are unlikely to short their entire position at 40x leverage and have already hedged their risks elsewhere

Crypto analyst Pentoshi stated on social media that the whale trading behavior on the Hyperliquid platform may only be for entertainment and has already been hedged elsewhere. He believes that the trader is unlikely to have shorted the entire position with a leverage of 40 times, but was misunderstood for short selling on a single account. Meanwhile, he pointed out that some groups are attempting to liquidate the trader by pushing up Bitcoin by 1.5%.