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Hacker Goes Long BTC and Short ETH in Positions Worth About $25 Million

Nov 8, 09:43

November 8: According to Lookonchain monitoring, a hacker is long BTC and short ETH. A newly created wallet received 3,100 ETH from Tornado Cash, sold it for 6.92 million USDC, and deposited the funds into Hyperliquid. The hacker then opened a 20x long position of 169.47 BTC (worth $12.84 million) and a 20x short position of 5,740 ETH (worth $12.83 million) on Hyperliquid.