$BTC: On-chain monitoring shows that an address sold approximately 262.78 $ETH for approximately 643,000 $USDC , then transferred the funds to Hyperliquid. About 40 minutes ago, it opened a 40x short position of approximately 305.51 BTC (around $25.4 million in notional value), with a liquidation price of approximately $84,086. For reference only; this is not investment advice.

$BTC