Massive Short Bet on Ethereum: Whale Bets $69 Million Against Crypto Surge

A significant whale has entered a highly leveraged short position on Ethereum (ETH), Solana (SOL), and Bitcoin (BTC) on the HyperLiquid exchange. The whale has deposited a total of $29 million to initiate this position, followed by an additional $12 million, bringing the total value to a staggering $69 million. This move comes amidst a dramatic surge in ETH prices, pushing the altcoin’s value up by 35% in the past week alone.