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I just reviewed the movements of this whale called 58bro.eth, and honestly, their numbers are impressive. In recent months, they have been opening short positions in BTC and ETH on Hyperliquid, and what's interesting is that they have a 91% success rate in their trades.
What catches my attention is that their current positions already exceed $25 million. They have around 175 BTC (about $13 million considering the current price) and nearly 5,300 ETH (approximately $12.5 million). In 8 months, they made 67 trades and accumulated profits of $34 million, so they clearly know what they’re doing.
I wonder if these short movements are a sign that they expect short-term volatility. It’s not the typical whale movement you see every day, so it’s worth paying attention to how this develops.