On December 26th, on-chain monitoring data shows that a mysterious whale on the Hyperliquid platform has once again initiated a short-selling attack. This time, the targets remain the same—BTC and AAVE—two of the most closely watched assets in the market.

Specifically, this whale's short position in BTC is quite substantial, with a current value of approximately $31 million, entered at around $87,718.8. Meanwhile, the AAVE short position, although smaller in size, also amounts to about $100,000, with an entry price of $150.

From this operational logic, it is clear that this is not a tentative short by small investors, but a well-prepared large deployment. Every move by the whale could signal a certain shift in market sentiment, especially in the current volatile environment. The establishment of such large positions often triggers a chain reaction in the market.