Pension-usdt.eth has initiated a significant short position on Ethereum, despite the current market uptrend. The trader returned to the Hyperliquid platform 15 hours ago, deploying $30 million in USDC to open a 3x short on 20,000 ETH, valued at approximately $64.14 million. This position is currently facing an unrealized loss of $1.4 million as Ethereum prices continue to rise.