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A new address used 5x leverage to go long BTC and short ETH, with a position exceeding $5 million.

2025-12-20 11:00

According to Onchain Lens monitoring, a newly created address (0x89bc...7358) deposited $1 million USDC into HyperLiquid and opened a long position in BTC and a short position in ETH with 5x leverage.