A cryptocurrency whale, identified as "0x982," has deposited 4.8 million USDC into HyperLiquid to open a 20x leveraged short position on Ethereum (ETH). This move follows a previous deposit of 2.4 million USDC six days ago, where the whale opened a 10x leveraged short position on HYPE and a 20x leveraged long position on Bitcoin. The whale is reportedly continuing to add to its current position.