A new wallet Hyperliquid deposited 2000000 tokens USDC, and opened a long position with 3 x leverage in 22780000 tokens ENA

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PANews October 30 According to Lookonchain's monitoring, after the Binance hacker sold all 217500000 tokens ENA（33930000 USD), someone began going long on ENA. A newly created wallet 0xedc0 deposited Hyperliquid 2000000 tokens USDC with 3 x leverage to open a long position in 22780000 tokens ENA（4090000 USD）。

Source: https://www.panewslab.com/zh/articles/01a18a76-f415-76a3-9177-3c0677a073d2

Key points

PANews, citing Lookonchain, reported that a new wallet 0xedc0 deposited Hyperliquid 2000000 tokens USDC。
The wallet opened a long position with 3 x leverage in 22780000 tokens ENA, worth 4090000 USD。
The report said that the Binance hacker had sold all 217500000 tokens ENA, worth 33930000 USD。

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

The report described a ENA leveraged long-position trade: the wallet first deposited USDC, then used 3 x leverage to establish a ENA long position.

Why it matters to readers

After the report mentioned the sale of a large amount of ENA, a long position with 4090000 USD-scale ENA leverage appeared.

Leverage amplifies position size and also increases the risk of liquidation; the report did not identify the controller of the wallet.

Risks and unknowns

The identity of the controller of the wallet 0xedc0 was not disclosed.
The report did not specify whether the trade continued, was closed, or was liquidated.
The Binance hacker's sale and the new wallet's trade still require verification against on-chain records.

A new wallet Hyperliquid deposited 2000000 tokens USDC, and opened a long position with 3 x leverage in 22780000 tokens ENA

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