According to Lookonchain, three large-scale BTC whales have opened a combined $1.03 billion in long positions using 40x leverage on Hyperliquid, signaling strong bullish sentiment among major players. Simultaneously, a single trader is shorting BTC with $88 million at the same leverage, indicating high-risk bets on both sides of the market. The aggressive use of leverage by both bulls and bears could lead to increased volatility and potential liquidation cascades, which is critical for crypto traders monitoring BTC price action and liquidity levels (source: Lookonchain, Twitter, May 21, 2025).

According to @EmberCN, a whale recently transferred $1.212 million USDC into Hyperliquid and opened a 20x leveraged short position on 100,000 SOL, valued at $16.6 million. The short entry price was $164.9, with a liquidation threshold at $172.6. As of the latest update, the position is facing an unrealized loss of $182,000. These high-leverage moves on SOL create increased volatility and may influence short-term trading sentiment for Solana and related crypto derivatives (source: Twitter/@EmberCN).