The address that shorts 30,000 ETH at 50x on Hyperliquid, or the address used by Resolv for executing short hedges
ChainCatcher message, on-chain analyst Yu Jin monitored the 50x short position of 30,000 ETH (110 million USD) from the address 0x20c...4f5 on Hyperliquid, which should be a delta neutral strategy short hedge position of Resolv Labs, rather than that of a whale.The address 0x20c...4f5 has multiple transfers with Resolv's contract address 0xacB...b8e and shares the same Binance deposit address. Additionally, according to Resolv's documentation, they short ETH through perpetual contracts to achieve a delta neutral strategy.Therefore, the address 0x20c...4f5 should be the address used by Resolv to execute short hedges, rather than that of a whale.