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A $40M whale short on BTC and ETH is already offside at $78,029
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A $40M whale short on BTC and ETH is already offside at $78,029
A $40M short landed against BTC and ETH, and it is already offside On 2026-08-27, a fresh wallet deposited $5M into Hyperliquid and opened $40M of short exposure: a $19.9M Bitcoin short at $78,029 and a $20.7M Ethereum short at $2,448, both at 20x leverage, per the MCP on-chain Insider feed. The honest read is neutral. By the time our MCP Insights data refreshed, BTC traded near $80,130 and ETH near $2,505, so both legs are already underwater. A…
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