Hyperliquid Address Deposits 2.44 Million USDC and Opens 40x Short on 1,600 BTC

A newly created address starting with 0xff84 deposited 2.44 million USDC into Hyperliquid and opened a 40x leveraged short position on 1,600 BTC, according to on-chain monitoring. According to Foresight News, the position has a liquidation price of $64,888.97.