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A new address deposits 2 million USDC into HyperLiquid and heavily shorts altcoins.
On January 29, according to OnchainLens monitoring, a newly created wallet address deposited 2 million USDC into HyperLiquid and simultaneously opened multiple short positions: SOL, ETH: 20x leverage short HYPE, SUI: 10x leverage short TAO: 5x leverage short