Blockchain monitoring platform Lookonchain has flagged a new wallet address that deposited $153,000 into Hyperliquid and immediately opened a long position on 97.92 BTC using 40x leverage. The entire position is worth about $6.22 million, and the liquidation price is currently $62,825.14. The wallet was created right before the deposit, according to Lookonchain's tracking. This activity was shared via ChainCatcher.

New Wallet Opens 40x Long on 97.92 BTC via Hyperliquid After $153K Deposit
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News EditorA newly created wallet deposited $153,000 into Hyperliquid and opened a long position of 97.92 BTC with 40x leverage, according to Lookonchain. The position is valued at approximately $6.22 million, with a liquidation price of $62,825.14. This information was reported by ChainCatcher.
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