Breaking! Hyperliquid's mysterious short position of 120 million, should retail investors follow or avoid?

Here comes big news again! A big player on Hyperliquid placed nearly 120 million in short orders, mainly targeting ETH and ZEC. This person started shorting ZEC in October, lost 20 million in the middle, but recently turned profitable, and now is adding to the position, indicating a strong bearish sentiment.

When a "whale" moves, the market tends to shake. Especially ZEC, with this action it may increase short-term selling pressure. However, let's not panic; big players are not infallible. They made profits on ETH, but are losing on ZEC, which shows that their direction isn't always correct.

What should retail investors do? Remember three phrases:

First, don’t blindly follow trends, especially high-leverage short positions; you can’t afford it;

Second, pay attention to the key price levels of ETH and ZEC; if they break support, sentiment may turn bearish;

Third, hold your spot positions steady, don’t cut losses recklessly; in a volatile market, chasing highs and cutting losses is most dangerous.

In summary, while big players are fighting, we can observe the drama but easily getting involved can lead to collateral damage. Stay calm and wait for clearer trends!

There are always opportunities in the market; the key is to operate calmly. Shengyi will continue to monitor on-chain dynamics for everyone, moving steadily forward together! Follow Shengyi and participate in every attack from the Shengyi villagers! Shengyi will announce the specific entry times and real-time news in the village every day! #美联储降息