According to @lookonchain, a newly created wallet 0xccEF deposited 5.35M USDC to Hyperliquid and opened a 20x short on 495 BTC with $43.56M notional, with a stated liquidation price of $98,360 (source: @lookonchain; Hypurrscan address referenced by @lookonchain). Traders can verify the position via the referenced Hypurrscan wallet and monitor the $98,360 liquidation level as the specified threshold for this leveraged BTC short on Hyperliquid (source: @lookonchain; Hypurrscan address referenced by @lookonchain).