New Wallet Deposits 5 Million USDC into Hyperliquid to Short ETH and BTC

According to Lookonchain, a newly created wallet deposited 5 million USDC into Hyperliquid. The wallet opened short positions on 8,155 ETH (worth 20.33 million USD) and 247.6 BTC (worth 19.49 million USD) using 20x leverage.