PANews reported on January 7th that, according to Lookonchain monitoring, address 0xc613 deposited $2 million USDC into HyperLiquid an hour ago and opened a 40x leveraged short position, shorting 358.85 BTC, with a nominal position of $33.24 million. The current BTC market is experiencing intense competition between bulls and bears, and this high-leverage operation by a whale may exacerbate short-term volatility.