A new wallet has deposited 12 million USDC into Hyperliquid and has taken a 20x leveraged short position on 1021 BTC.

By: theblockbeats.news|2025/07/11 08:21:36

BlockBeats News, July 11th, according to LookIntoChain monitoring, a new wallet 0x89Da withdrew 12 million USDC from Bybit and transferred it to Hyperliquid, then opened a 20x leveraged short position, shorting 1,021 BTC (approximately $120.3 million).