New wallet deposits 4.24 million USDC into Hyperliquid, opens 500,000 CL long positions with 10x leverage

CoinFeed June 22 news, according to Lookonchain monitoring, newly created wallet 0x2558 deposited 4.24 million USDC into Hyperliquid and opened 500,000 CL long positions ($38.89 million) with 10x leverage, with a liquidation price of $71.50.