Unrealized profit of $477,000: A newly created wallet opens a 20x leveraged long position on XRP worth $16.3 million

Odaily reported that according to Onchain Lens monitoring, a newly created wallet deposited 52.67 BTC (worth $3.26 million) into HyperLiquid to sell, and subsequently opened a 20x leveraged long position on 14.189 million XRP (worth $16.3 million). The position currently has an unrealized profit of approximately $477,000.