A top trader on Hyperliquid increased a bearish position on HYPE by more than 10,000 tokens, bringing the total short position to $109.5 million. Hyperbot data shows the trade has an entry price of $45.47, a floating loss of $30.06 million, and a liquidation price of $91.1. The update indicates a much larger and separate leveraged short setup than the previously reported Bitcoin and Ethereum positions tied to Trader Evaded.