New Hyperliquid Address Opens 30x Leveraged Short on Nasdaq 100, Holding 500 XYZ100 Contracts

A newly created address on Hyperliquid transferred $1.167 million yesterday and opened a 30x leveraged short position on the Nasdaq 100 over the past hour. According to BlockBeats On-chain Detection, Hyperinsight monitoring shows the address currently holds 500 XYZ100 short contracts with a position size of about $15 million. The position was opened at an average entry price of $30,230, with a liquidation price of $31,658. The position was showing an unrealized profit of $40,000 at the time of monitoring. The address is 0xec4a6f59960fb55a7fa49262e2628687b322cf62.