Chain analyst Yu Jin monitored that he shorted 30000 ETH ($110 million) on Hyperliquid with a 50x short on 0x20cm The 4f5 address should be a delta neutral strategy short hedge position of ResolvLabs, not a whale. 0x20c... The 4f5 address and the 0xacB of Resolv The b8e contract addresses have multiple transfers between each other and share the same Binance recharge address. In addition, according to Resolv's introduction document, they implement delta neutral strategy by short selling ETH through perpetual contracts for hedging. So, 0x20C The 4f5 address should be the address used by Resolv to execute short hedging, not a specific whale. @gyokeres