Someone created a new wallet (0xcfe2), deposited 11.9M $USDC into #Hyperliquid, then opened a 20x long on 500 $BTC ($39.44M).

Liquidation Price: $55,570.76

https://hypurrscan.io/address/0xcfe2729438475c5eb9e8e6da6b314a0b9e2d8fb3#perps