Monitored by Woofun AI, a newly active address on Hyperliquid executed a high-leverage short position against the Nasdaq 100. The wallet, which received an initial deposit of $1.167 million, deployed 500 XYZ100 contracts valued at approximately $15 million within the last hour.

The trade utilized 30x leverage with an entry price of $30,230. As of the latest data, the position holds an unrealized profit of $40,000, while the liquidation threshold is set at $31,658. The specific wallet address involved is 0xec4a6f59960fb55a7fa49262e2628687b322cf62.