Fasanara Capital Holds $67 Million ETH Short on Hyperliquid, Tracked On-Chain

ETH-2.06%
According to on-chain data tracked by Arkham Intelligence, Fasanara Capital, a London-based quantitative asset manager, is holding a $67 million ETH short on Hyperliquid today (July 24) via wallet address 0x7fda...17d1. The position is visible through Hyperliquid's on-chain explorer, with additional analytics from Nansen confirming the attribution. Phemex reported the fund also holds approximately $41 million in additional ETH short positions on the platform, reflecting coordinated institutional positioning. The positioning underscores Hyperliquid's emergence as a venue where institutional-grade capital executes complex crypto derivatives strategies on a decentralized exchange.
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