A new wallet deposited $4.89 million into HyperLiquid and shorted 9,887 ETH with 20x leverage.

BlockBeats News, March 31st, according to Onchain Lens monitoring, a newly created wallet deposited $4.89 million into Hyperliquid and shorted 9,887 ETH with 20x leverage, with a position value of $20 million, opening price at $2,021.63, and liquidation price at $2,466.02.