PANews reported on February 21 that, according to Eye, the analyst who previously uncovered the "1011 insider whale," an article published on the X platform shows that on-chain data shows that an address associated with Hashnote has become one of HyperLiquid's most profitable addresses by aggressively shorting. This address currently uses approximately $5.9 million in margin, has a total open position of approximately $11.3 million, and has unrealized profits of $12.4 million. It holds 13 open positions, all of which are short positions, indicating a clear bearish strategy in the current market environment.