Linked Hyperliquid Giants Take Aim at Bitcoin, Ether With $1.58B in Crypto Shorts

While bitcoin and ether prices have been consolidating, two massive Hyperliquid wallets carry a combined net short exposure of roughly $1.58 billion against an array of top assets-with BTC and ETH topping the list. Positions of this magnitude naturally leave market watchers wondering whether the entities behind these trades know something the typical trader does []