Foresight News reports that according to Lookonchain monitoring, the address starting with 0x89Da created a new wallet and withdrew 12 million USDC from Bybit to Hyperliquid, then shorted 1,021 BTC with 20x leverage, worth approximately 120 million USD.
An address withdrew 12 million USDC from Bybit to Hyperliquid and shorted 1,021 BTC
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