Elon Musk-Linked Address Opens $106M Hyperliquid ETH Short; BTC and SOL Shorts Set Take-Profit Levels

COINOTAG News, citing on-chain analyst Ai Auntie, reports address 0x94d…33814 opened a short as Elon Musk boosted his ETH holdings. The wallet shows 36,281.29 ETH, making it the second-largest Hyperliquid ETH short with a notional value near $106 million. Entry price was $2,920.21, with an unrealized loss around $521,000, highlighting growing leverage in the ETH market.

Separately, the same address opened a BTC short worth $48.18 million and a SOL short of $13.43 million, with take-profit bands at BTC: $86,250–$86,800; ETH: $2,700–$2,900; SOL: $121–$131.76. Over the past week, profits total about $6.22 million, signaling intensified on-chain activity across major corridors.

From a market signal perspective, the reported activity reflects on-chain positioning by active traders monitoring liquidity and price bands in major assets. While specific, the data aligns with broader crypto-derivatives trends, where concentrated bets can influence near-term volatility in Ethereum, Bitcoin, and Solana markets.