A whale short of rumors surrounding Binance's financial difficulties (FUD) to short the stock, and is now the largest short seller of BNB on the Hyperliquid platform.

According to Mars Finance, HyperInsight monitoring shows that a whale on Hyperliquid, starting with 0xf2e, currently holds approximately $3.7 million in short BNB positions, with an average price of $753, a floating profit of approximately $310,000 (+42%), and a liquidation price of $902. This makes it the largest short seller of BNB on the platform. On February 2nd, amidst rumors of FUD (Fear, Uncertainty, and Debt) against Binance, this address transferred approximately $1.12 million from its Binance wallet to the Hyperliquid platform. It subsequently opened a short position with 5x leverage, marking its first trade on the platform.