An address shorted $48.8 million worth of ETH with 5x leverage, currently making a profit of $44,000

Address 0x69e...45272 shorted $48.8 million worth of ETH with 5x leverage. An hour ago, this address deposited 5 million USDC into Hyperliquid and subsequently opened a short position for 11,884.57 ETH at $4,113.23, resulting in a current profit of $44,000.