20x Leverage Short of $39.82M in ETH and BTC, Address Deposits 5M USDC to Hyperliquid

Odaily News: According to Lookonchain monitoring, an address deposited 5 million USDC to Hyperliquid after creating a new wallet, then opened a 20x leverage short position on 8,155 ETH and 247.6 BTC, with position values of $20.33 million and $19.49 million, respectively.