A new wallet opened a 20x leverage to short 1,021 bitcoins, worth about $120.3 million

PA一线
PA一线

PANews reported on July 11 that according to Lookonchain monitoring, someone created a new wallet address 0x89Da and withdrew 12 million USDC from Bybit to Hyperliquid exchange. Subsequently, the address used the funds to open a short position with 20x leverage, shorting 1,021 bitcoins, with a total value of approximately $120.3 million.

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