According to @OnchainLens, a whale deposited $1.09M USDC into HyperLiquid, opened a 20x short on XYZ100, and placed open orders for a BTC short and a FARTCOIN long, source: @OnchainLens on X; CoinMarketMan HyperTracker. Using the reported $1.09M collateral and 20x leverage, the position size could reach roughly $21.8M notional if fully utilized on HyperLiquid, source: @OnchainLens on X; calculation from reported figures; CoinMarketMan HyperTracker.