A significant trader has added $3.5 million in margin to the Hyperliquid platform, aggressively expanding short positions in Bitcoin (BTC), Ethereum (ETH), and HYPE. The address, identified as 0xf822…be01a, now holds a total short position of approximately $89.57 million. This includes $41.5 million in BTC shorts, $32.41 million in ETH shorts, $13.12 million in HYPE shorts, and $2.53 million in PAXG shorts, with an overall unrealized loss of about $1.27 million. Notably, the BTC short position is now the second-largest on Hyperliquid.