It is suspected that the same giant whale is shorting BTC by a large amount.

According to on-chain analyst Lookonchain (@lookonchain), after the bitcoin price rose, two wallet addresses (most likely belonging to the same whale address) shorted BTC at 6x leverage on Hyperliquid at $92,469.10 and $92,664.8, respectively.
The total size of the position reached $74.5 million, with liquidation prices of $107,220 and $107,160, respectively.