Recently, there has been a 50 fold large ETH short position on Hyperliquid due to Resolv Labs' short hedging position

BlockBeats News: On January 5th, according to EmberCN monitoring, 0x20C, which has recently attracted attention, shorted 30000 ETH (approximately $110 million) 50 times on Hyperliquid The 4f5 address should be a delta neutral strategy short hedge position for @ ResolvLabs, not a whale. 0x20c... The 4f5 address and the 0xacB of Resolv The b8e contract addresses have multiple transfers between each other and share the same Binance recharge address. In addition, according to Resolv's introduction document, they implement delta neutral strategy by short selling ETH through perpetual contracts for hedging. So, 0x20C The 4f5 address should be the address used by Resolv to execute short hedging, not a specific whale.