A prominent crypto whale has increased its short position on the trading platform Hyperliquid, betting against Bitcoin, Ethereum, and Solana. The position, currently worth $25 million with 5x leverage, is experiencing losses exceeding $700,000 despite a market showing relative stability. No liquidation signals have yet been detected. The whale’s strategy appears to be based on anticipating a price decline across these major cryptocurrencies. Initial capital of $13 million was deposited on May 10th, later supplemented with an additional $5 million transfer. The whale’s short position is now worth $25 million. This active trade has attracted attention due to its substantial size and the ongoing losses it has incurred. Despite a relatively stable market overall, Bitcoin, Ethereum, and Solana have experienced continued volatility, further impacting the whale’s position. Market data suggests the whale is currently exposed to significant risk as their short position continues to face challenges against current market trends.