Whale 0x58b Adds $7.81M to BTC, ETH Shorts on Hyperliquid After Liquidations, Locks Over $32.8M Profit

Whale address 0x58b saw multiple short positions in ENA, LTC, BNB, BTC, ETH and HYPE liquidated as the market moved higher, Lookonchain data show. Despite the liquidations, the trader deposited 7.81 million USDC into Hyperliquid to expand short exposure in BTC and ETH. Cumulative gains from the BTC and ETH short positions exceeded $32.8 million.