A hacker is going long BTC and short ETH!
Lookonchain flagged a new wallet, linked to funds from Tornado Cash, that sold 3,100 ETH for about $6.92M in USDC and deposited it on Hyperliquid. The wallet then opened a 20x long on about $12.84M of BTC and a 20x short on about $12.83M of ETH. Traders may watch this as a large leveraged directional bet, though the snippet does not confirm the wallet owner's identity.