
Two newly created wallets, “0xbd1c” and “0xEc7f,” believed to be controlled by the same large investor, moved $8 million into HyperLiquid and opened a 400 BTC long position using 20x leverage, worth about $23.5 million.
The move came as Bitcoin slipped below the $60,000 mark, trading near $59,202, down 2.4% over the past 24 hours.
Source: Onchain Lens