A new address cashed out 903 ETH and then opened a $3.24 million short position
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According to Hyperinsight monitoring, address 0x3109…6183 deposited 903 ETH spot on Hyperliquid last night and sold all of it, cashing out approximately 2.1 million USDC. Part of the funds was used for 6x leveraged short positions on ETH, with a short position size of 3.24 million USD at an average price of 2,352 USD. The account currently holds 1.62 million USDC available for use.
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