A wallet funded by @Rewkang(it has been confirmed that this wallet does not belong to Andrew Kang) just deposited 2.5M $USDC into Hyperliquid to go long on $BTC with 40x leverage.

His position has reached 1,292 $BTC($100M), with a liquidation price of $77,248 and a current loss of $824K.

https://hypurrscan.io/address/0xBb876071A63Bc4D9bfCf46B012b4437Ea7Ff4281

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