New Wallet Transfers 1.5M USDC to Hyperliquid, Opens 25x Long on 15,103 ETH Worth $29M

A newly created address transferred 1.5 million USDC to Hyperliquid on Feb. 23 and opened a 25x long position on 15,103 ETH valued at $29 million, Lookonchain data show. The position has a reported liquidation price of $1,819.60.