According to @ai_9684xtpa, on-chain address 0x35d...5aCb1 is short F3 contracts on BTC, ETH, and SOL with a combined unrealized loss of $8.826 million; source: https://twitter.com/ai_9684xtpa/status/1974005328619749644, source: https://hyperbot.network/trader/0x35d1151ef1AaB579cbB3109E69Fa82F94fF5aCb1. For SOL, the address holds a 20x short with a position size of $58.10 million (252,000 SOL), entry price $199.39, and unrealized loss of $7.436 million; source: https://twitter.com/ai_9684xtpa/status/1974005328619749644, source: https://hyperbot.network/trader/0x35d1151ef1AaB579cbB3109E69Fa82F94fF5aCb1. For ETH, the address holds a 25x short with a position size of $13.16 million (2,946.97 ETH), entry price $4,179.5, and unrealized loss of $0.847 million; source: https://twitter.com/ai_9684xtpa/status/1974005328619749644, source: https://hyperbot.network/trader/0x35d1151ef1AaB579cbB3109E69Fa82F94fF5aCb1. For BTC, the address holds a 40x short with a position size of $12.06 million (100.6 BTC), entry price $114,436.2, and unrealized loss of $0.542 million; source: https://twitter.com/ai_9684xtpa/status/1974005328619749644, source: https://hyperbot.network/trader/0x35d1151ef1AaB579cbB3109E69Fa82F94fF5aCb1. These high-leverage short positions are currently underwater across BTC, ETH, and SOL, offering trading context for monitoring derivative market order flow and position risk; source: https://twitter.com/ai_9684xtpa/status/1974005328619749644, source: https://hyperbot.network/trader/0x35d1151ef1AaB579cbB3109E69Fa82F94fF5aCb1.

According to Lookonchain, after the recent Bitcoin price surge, two wallets—likely controlled by the same whale—opened significant short positions on BTC using 11x and 40x leverage, totaling $127.7 million. The respective liquidation prices are $104,600 and $103,470, with current unrealized losses nearing $2 million (source: Lookonchain via Twitter, May 7, 2025; hypurrscan.io). This aggressive leverage and large position size indicate increased volatility risk in the Bitcoin market, and traders should monitor these liquidation levels as potential catalysts for rapid price movements, which could spill over into other cryptocurrencies.