Express

Newly Created Wallet Opens 20x Leveraged Short Position on 1021 Bitcoins, Valued at Approximately $1.203 Billion

Summary: According to reports from Lookonchain, a newly created wallet address 0x89Da transferred 12 million USDC from Bybit to Hyperliquid. Subsequently, this address used the funds to open a 20x leveraged short position, shorting 1021 Bitcoins with a total value of approximately $1.203 billion.

According to reports from Lookonchain, a newly created wallet address 0x89Da transferred 12 million USDC from Bybit to Hyperliquid. Subsequently, this address used the funds to open a 20x leveraged short position, shorting 1021 Bitcoins with a total value of approximately $1.203 billion.

Last Update:

Tags:
Link: Newly Created Wallet Opens 20x Leveraged Short Position on 1021 Bitcoins, Valued at Approximately $1.203 Billion [Copy]

Last: Cryptocurrency Sector in US Stocks Sees Pre-Market Rally, BMNR Up 16.7%

Next: GMX hackers return 5 million FRAX to GMX deployer address again

Global Financial Giants Enter Stablecoin Arena in Pivotal Shift 17 days ago

CRYPTO'S NEW PLAY: 24/7 STOCK TRADING 18 days ago

Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? 25 days ago

GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... October 5, 2025

U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... October 1, 2025