Whale Shorting On HyperLiquid Disrupts Bitcoin Market

Recent whale activities on the HyperLiquid platform have caused significant market disruption in the Bitcoin space. Two prominent whales, known as ‘Mr. Short’ and another with similar leverage strategies, are engaging in high-leverage short positions on Bitcoin. Their actions have resulted in substantial floating losses for these whales, which has negatively impacted market sentiment since early May. Despite attempts by community members to trigger forced liquidations, Bitcoin prices have not responded sufficiently, hindering momentum.