A major trader opens a 3x leveraged SILVER short and increases GOLD shorts, showing heightened bearish sentiment on HyperLiquid.
On February 21, a whale wallet deposited $5 million in USDC to HyperLiquid and opened a 3x leveraged short position on SILVER worth $8.22 million. The trader also expanded their existing GOLD shorts. The positions reflect a bearish outlook on both commodities, with the trader holding a total of $23.43 million in leveraged short positions.