A certain wallet established BTC long positions and ETH short positions through Hyperliquid, with both positions exceeding $12.8 million.

Odaily Planet Daily News: According to Lookonchain, a newly created wallet suspected of being linked to hackers received 3,100 ETH from Tornado Cash, subsequently sold it for approximately $6.92 million in USDC, and deposited the funds into Hyperliquid. The wallet then established perpetual contract positions in both BTC and ETH: going long on 169.47 BTC with 20x leverage, with a notional value of around $12.84 million; and shorting 5,740 ETH with 20x leverage, with a notional value of approximately $12.83 million.