Recently, the whale ETH short position with 50x leverage on Hyperliquid is linked to Resolv Labs' short hedge position

BlockBeats News, January 5th, according to EmberCN monitoring, recently attracted attention, a 0x20c...4f5 address that 50x shorted 30,000 ETH (approximately $110 million) on Hyperliquid. This address should be the delta-neutral short hedge position in @ResolvLabs' strategy, rather than a specific whale.

The 0x20c...4f5 address has had multiple transfers with Resolv's 0xacB...b8e contract address and shares the same Binance deposit address.

Furthermore, according to Resolv's whitepaper, they achieve delta neutrality through perpetual contract shorting of ETH for hedging purposes.

Therefore, the 0x20c...4f5 address should be the address Resolv uses for executing short hedges, rather than a specific whale.