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A new address deposits 3.98 million USDC into Hyperliquid and shorts $20.25 million worth of ETH.
Golden Finance reports that on April 6, according to Lookonchain monitoring, within the past 2 hours, a newly created address deposited 3.98 million USDC into Hyperliquid and shorted 9,526 ETH at 20x (worth $20.25 million). Currently, it is down $255,000.