A new wallet deposited 5 million USDC into Hyperliquid and opened a Longs Xin storage worth $1.38 million, with orders more than twice as large.

PANews July 16 report: According to Lookonchain monitoring, after creating a new wallet, a user deposited $5 million in USDC to Hyperliquid and opened a 194,175 CXMT two-times leveraged long position. The position value is about $1.38 million, with a liquidation price of $4.
CXMT-7.36%
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