A newly created wallet opens 20x leveraged short position on 1,021 Bitcoins, valued at approximately $120.3 million
Odaily Planet Daily reported that, according to Lookonchain monitoring, a newly created wallet address 0x89Da withdrew 12 million USDC from an exchange and transferred it to Hyperliquid. Subsequently, this address used the funds to open a 20x leveraged short position, shorting 1,021 BTC with a total value of approximately $120.3 million.
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