Whales: Short 50,838 ETH for $98M on Hyperliquid

Whales are shorting ETH. Two addresses opened shorts totaling 50,838 ETH worth $98M on Hyperliquid.

Price sits at $1939.99 inside a bullish structure with EMA50 at $1899.15 and EMA200 at $1871.87. MACD shows a golden cross at 9.79 while RSI(14) reads 69.01. With price testing upper Bollinger resistance at $1936.58, a healthy retracement toward the 50-EMA support at $1899.15 appears probable before further continuation. This whale positioning shapes ETH price prediction, crypto market crash hedging flows, and AI industry impact on derivatives desks.