A new address deposited 3.82 million USDC into HyperLiquid and opened a nearly $20 million high-leverage short position in ETH.

CoinFeed reported on April 7 that, according to Onchain Lens, a newly created wallet deposited 3.82 million USDC into HyperLiquid about 30 minutes ago and opened a 20x leveraged short position of 9395.67 ETH, with a notional value of approximately $19.7 million.