A newly created whale address deposits $5.42 million USDC into Hyperliquid and shorts ETH, WLFI, and XPL

According to a report by Jinse Finance, on-chain analytics platform Lookonchain has detected that a newly created wallet address (0x54D7) deposited $5.42 million USDC into Hyperliquid to short ETH, WLFI, and XPL. The current holdings of this wallet include: 10,641 ETH (approximately $51.2 million); 396,711 WLFI (about $116,800); and 53,793 XPL (around $29,300).