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A certain trader deposited nearly 500,000 USDC into HyperLiquid and opened a short position of 250 BTC with 40x leverage.

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PANews
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PANews May 6 news, according to Lookonchain monitoring, trader 0x128e deposited 499,900 USDC into HyperLiquid and opened a short position of 250 BTC (20.32 million USD) with 40x leverage, with a liquidation price of 82,236.61 USD.

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