Trader Deposits 499,900 USDC to HyperLiquid, Opens 250-BTC Short with 40x Leverage Today

USDC0.01%
BTC0.16%

According to Lookonchain, trader 0x128e deposited 499,900 USDC to HyperLiquid and opened a 250-BTC short position with 40x leverage today (May 6). The position, valued at approximately $20.32 million, carries a liquidation price of $82,236.61.

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