A newly created wallet deposited 3.448 million USDC into HyperLiquid and opened a 20x leveraged short position on bitcoin.

According to Jinse Finance, Onchain Lens monitoring shows that a newly created wallet deposited 3.448 million USDC into HyperLiquid, and subsequently opened a short position on bitcoin with 20x leverage. Currently, the position is valued at 38.6 million USD, with an entry price of 86,373.6 USD and a liquidation price of 92,885.8 USD.