Whale Creates New Wallet 0x54D7, Deposits $5.42M USDC into Hyperliquid to Short 10,641 ETH (~$51.2M)

COINOTAG News on August 24 reports that, according to LookIntoChain monitoring, a whale created a new wallet (0x54D7) two hours ago and deposited 5.42 million USDC into Hyperliquid to open short positions. On-chain records show the current short exposure comprises 10,641 ETH (≈ $51.2 million), 396,711 WLFI (≈ $116,800), and 53,793 XPL (≈ $29,300), with these amounts reflected as short open interest on the platform. The report is limited to monitored on-chain activity and verified position sizes; no additional attribution or market-impact claims are made beyond the recorded deposits and position data.

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