According to Lookonchain monitoring, addresses starting with 0x8c58 deposited 5.38 million USDC into Hyperliquid 2 hours ago, shorting 1,500 units of $ETH (worth approximately 6.06 million USD) with a 20x leverage. Additionally, addresses starting with 0x939f also deposited 4.5 million USDC into Hyperliquid in the past 20 hours, continuing their short position of 394 units of $BTC (worth approximately 43.7 million USD), while also shorting SOL, XRP, and ETH.
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