The address that shorted 30,000 ETH at 50x on Hyperliquid is used by Resolv to execute short hedges, not a whale.

According to on-chain analyst Yu Jin's monitoring, the address 0x20c...4f5, which has recently attracted attention for shorting 30,000 ETH (110 million USD) at 50x on Hyperliquid, should be a short hedge position of Resolv Labs' delta neutral strategy, rather than a whale.
The address 0x20c...4f5 has had multiple transfers with Resolv's contract address 0xacB...b8e and shares the same Binance deposit address.
Additionally, according to Resolv's introduction document, they hedge by shorting ETH through perpetual contracts to achieve a delta neutral strategy.
Therefore, the address 0x20c...4f5 should be the address used by Resolv to execute short hedges, rather than a whale.