Don't panic! The giant whale is out of ETH, and the $110 million order behind it is actually Resolv's trick?

On-chain monitoring shows that yesterday on the Hyperliquid platform, address 0x20c...4f5 shorted 30,000 ETH (worth up to $110 million) with 50x leverage, a shocking move that momentarily sparked intense market speculation—"Is the giant whale fleeing?" "Is ETH about to crash?"

But don’t be scared; the reality is calmer than you think. A deeper investigation reveals that this address is not a whale, but a hedge position of Resolv Labs!

Detail interpretation:

This address frequently transfers funds back and forth with 0xacB...b8e (Resolv contract address) and shares the same Binance deposit address. According to Resolv's official introduction, they are shorting ETH using perpetual contracts to achieve a delta-neutral strategy—essentially hedging risk to secure volatility profits, not bearish on the market.

Thus, the explosive news of the “$110 million giant whale shorting” is actually Resolv calmly profiting with professional strategy tools, rather than a precursor to a market crash. Veteran players can relax; don’t be scared off by appearances, understanding the underlying logic is the winning mindset!

What does the market fear most? **Retail investors running away without knowing the truth, while calm analysts reap the rewards!** If you want to follow the giant whale's moves, you must learn to discern true signals from false ones.

Follow Lao Lin, and I'll help you dissect these big players' capital flow tricks; your next step is to become the smartest person on the field!