Wu said that according to OnchainLens monitoring, a giant whale address (0xcddf... 5f6b) deposited approximately $2.95 million into HyperLiquid and opened short positions in ETH (25 times leverage), PEPE, WIF, OP (all 10 times leverage), etc. The current total market value of the holdings exceeds $66.75 million, with a floating profit of approximately $1.26 million.