Hyperliquid: New Wallet Shorts 430 BTC at 20x

Lookonchain flagged a fresh wallet 0xaeaa that deposited 6.68M USDC into Hyperliquid and opened 20x leveraged shorts on BTC, SOL and ETH totaling roughly $48M notional.

The position breaks down to 430.64 BTC ($27.46M), 181245 SOL ($13.24M) and 4280 ETH ($7.37M), continuing the pattern of Hyperliquid large leveraged short positions history that on-chain whale wallet tracking BTC ETH SOL shorts has captured over the past year.

Bitcoin trades at $63958.77 inside its 4h Bollinger Bands with upper resistance at $64820.5; the EMA50 at $64127.97 now acts as immediate resistance while the EMA200 at $68470.79 caps any recovery, and the neutral RSI(14) at 49.68 paired with a MACD golden cross suggests a brief test of the $62430.46 lower band before directional conviction returns.