Someone created a new wallet, deposited 5M $USDC into Hyperliquid, then opened 20x shorts on 8,155 $ETH($20.33M) and 247.6 $BTC($19.49M). hypurrscan.io/address/0xe2ad37… x.com/lookonchain/status/20928…
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Someone created a new wallet, deposited 5M $USDC into Hyperliquid, then opened 20x shorts on 8,155 $ETH($20.33M) and 247.6 $BTC($19.49M). hypurrscan.io/address/0xe2ad37… x.com/lookonchain/status/20928…
· 60K Views
@lookonchain A new wallet deposited 5M USDC into Hyperliquid and opened 20x shorts on 8,155 ETH and 247.6 BTC.
@lookonchain more on leveraged RWA trading opportunities here: cryptoninjas.net/news/aster-la…
@lookonchain 20x leverage on a brand new wallet is a high stakes game
@lookonchain damn, 20x on that much ETH and BTC? this dude's got huge balls or he knows something we don't
@lookonchain man, 20x on eth and btc at once is some serious conviction
@lookonchain He will quickly be liquidated, becoming a source of liquidity for CEXs, DEXs, and retail long positions.
@lookonchain fresh wallet, 20x both ways. they didn't fund $5m to be right.
@lookonchain Either they know something or they’re about to become the liquidity
@lookonchain wild play with $ETH and $BTC hope they know what they're doing
@lookonchain Homie rolled a fresh wallet, dumped 5 mil USDC on Hyperliquid and slammed 20x shorts on both ETH and BTC. Almost 40 mil notional sitting on thin margin. Either this vato called a dump or he’s about to become exit liquidity. Watch those liq prices close.
@lookonchain 20x shorts on both majors is less a trade than a liquidation tutorial
@lookonchain Massive conviction or total liquidation incoming soon.
@lookonchain The trader thinks the bull market is over and needs to short now
@lookonchain Same book, sorted by size: wallets over $10M are 88% long for $1.14B net, wallets under $1M are 32% long for -$28.78M net. BTC $78,726. This new short lands on the small end's side of a very lopsided book. x.com/BetGeight/status/2092818…
@lookonchain 20x shorts 👀 $39.8M in BTC + ETH from a fresh wallet is a serious bet. Could be a hedge or a directional play. Either way, those liquidation levels are worth watching. Onchain is telling the story 🔥
@lookonchain Does anyone actually create a new wallet or is every wallet that will ever exist already in existence?🤔
@lookonchain $5M in, nearly $40M in leveraged shorts. Someone is making a very bold bet.
@lookonchain @lookonchain, on the new wallet that opened 20x shorts on 247.6 $BTC ($19.49M) on Hyperliquid: A new wallet and 20x on 247.6 $BTC is not a thesis. It's the bounce looking for a short. I wait until that size prints as CVD. A deposit is not a cluster.
@lookonchain brand new wallet, $40m notional short after an $80k squeeze. that’s not smart money, that’s someone volunteering as exit liq. tape already ate one generation of shorts this week.