A newly created wallet opened a $59.72 million long position on ETH on HyperLiquid

According to Lookonchain monitoring, a newly created wallet address 0xa2e8 deposited 3 million USDC into HyperLiquid and opened a long position on ETH with 20x leverage.

Data shows that the address currently holds a long position of 36,826 ETH, with a position value of approximately $59.72 million. Based on the current position, its liquidation price is $1,571.30.