A newly created wallet transferred 12 million USDC to Hyperliquid and shorted 1,021 BTC with 20x leverage
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According to a report by Jinse Finance, Lookonchain monitoring shows that a newly created wallet, 0x89Da, withdrew 12 million USDC from an exchange and transferred it to Hyperliquid. The wallet then opened a 20x leveraged short position, shorting 1,021 BTC (approximately $120.3 million).
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