Two whale addresses open $98M ETH short positions on Hyperliquid

Two anonymous whale addresses starting with 0x6de and 0xc63 opened ETH short positions worth a combined $98 million on decentralized perpetual futures exchange Hyperliquid (HYPE), Lookonchain reported. The two positions total 50,838 ETH. Of that, the 0x6de whale is holding a short position of about 25,750 ETH with 10x leverage, while the 0xc63 whale opened a short position of about 25,080 ETH with 20x leverage. Their liquidation prices are $2,273 and $2,146.55, respectively.