New Wallet Deploys $6.68M on Hyperliquid, Opens 20x Short Positions on BTC, SOL, and ETH

A newly created wallet (0xaeaa) has deposited 6.68 million USDC into Hyperliquid and soon after moved into active trading.

It then opened aggressive 20x leveraged short positions across major cryptocurrencies, targeting Bitcoin, Solana, and Ethereum.

The positions consist of 430.64 BTC, valued at approximately $27.46 million, 181,245 SOL, valued at approximately $13.24 million, and 4,280 ETH, valued at approximately $7.37 million.

Source: Lookonchain