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A new address deposits 3.98 million USDC into Hyperliquid and shorts 20.25 million USD worth of ETH

Apr 6, 2026 08:49:47

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According to Lookonchain monitoring, ETH has returned to above 2100 USD.

In the past 2 hours, a newly created address deposited 3.98 million USDC into Hyperliquid and shorted 9526 ETH (worth 20.25 million USD) at 20 times leverage, currently facing an unrealized loss of 255,000 USD.

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