Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
A newly created wallet opened a 20x leverage to short 1,021 bitcoins, worth about $120.3 million
2025-07-11 08:18

Odaily News According to Lookonchain monitoring, the newly created wallet address 0x89Da withdrew 12 million USDC from Bybit and transferred it to Hyperliquid. Subsequently, the address used the funds to open a short position with 20x leverage, shorting 1,021 bitcoins, with a total value of approximately $120.3 million.

Source Link
Recommended Articles
Leading mining pools and computing power ecosystems join the Psy Protocol testnet to jointly build a next-generation PoW smart contract platform.
Profit traps faced by crypto internet banks
Mining companies struggle to survive under squeezed profits: Marathon sells coins to stay afloat, an industry-wide sell-off is brewing.
BitMEX Alpha: Same as before, the encryption period will not expire.
Pro
Data Breakdown: The Battle to Defend $100,000 – Will Bitcoin Rebound or Dip?
The story of Brother Machi's "zeroing out": His account peaked at nearly $60 million, vanishing in 47 days.
Bitcoin had a dismal start to November; is it really going to hit 90,000?
Tracing the Decoupling of $XUSD: Balancer Vulnerability and the Butterfly Effect of DeFi Leverage
24-Hour Flash News
2025-11-07 16:03
The New York Fed's 1-year inflation forecast for October was 3.24%, down from 3.38% previously.
2025-11-07 16:00
Privacy coin ecosystem stocks generally rose, with ROSE up 40% in the last 24 hours.
2025-11-07 15:51
Trump claimed Pelosi "illegally profited" in the stock market.
2025-11-07 15:40
A whale deposited 1.15 million USDC into Hyperliquid to open a short position in ZEC with 10x leverage.
2025-11-07 15:35
ETH rebounded and broke through 3300 USDT, narrowing its 24-hour decline to 0.92%.
2025-11-07 15:31
The preliminary reading for the US one-year inflation rate in November was 4.7%, compared to a forecast of 4.6%.
Important News
2025-11-07 16:03
The New York Fed's 1-year inflation forecast for October was 3.24%, down from 3.38% previously.
2025-11-07 16:00
Privacy coin ecosystem stocks generally rose, with ROSE up 40% in the last 24 hours.
2025-11-07 15:51
Trump claimed Pelosi "illegally profited" in the stock market.
2025-11-07 15:40
A whale deposited 1.15 million USDC into Hyperliquid to open a short position in ZEC with 10x leverage.
2025-11-07 15:35
ETH rebounded and broke through 3300 USDT, narrowing its 24-hour decline to 0.92%.
2025-11-07 15:31
The preliminary reading for the US one-year inflation rate in November was 4.7%, compared to a forecast of 4.6%.
Download Odaily App
Let Some People Understand Web3.0 First
IOS
Android