A whale shorted BTC and ETH with 20x leverage, with a nominal position of approximately $80 million.

A whale with an address starting with "0x049" opened a large short position on Hyperliquid, including 577.34 BTC with a nominal value of approximately $40 million and 19,344.8 ETH with a nominal value of approximately $40 million, using a leverage of 20 times.