Interesting move! The actions of a certain whale wallet just now are worth paying attention to—

This address has injected $5.106 million into the Hyperliquid platform in the past 6 hours, followed by a large-scale long-short hedge: going long Bitcoin for $36.27 million, while shorting Ethereum, Solana, and Avalanche for a total of $36.87 million. The long and short positions are roughly balanced, bringing the total position to $73.15 million.

This operation appears to be a typical arbitrage or hedging strategy—optimistic about Bitcoin's future but cautious about second- and third-tier major coins. With such a large scale, the market should have some reaction.