A hacker simultaneously opened a 20x long BTC position and a 20x short ETH position through Hyperliquid, with each position exceeding $12.8 million

According to Lookonchain, a wallet suspected to have been newly created by a hacker received 3,100 ETH from Tornado Cash, then sold it for approximately $6.92 million USDC and deposited the funds into Hyperliquid. The wallet then established BTC and ETH perpetual contract positions respectively: going long 169.47 BTC with 20x leverage, with a notional value of approximately $12.84 million; and going short 5,740 ETH with 20x leverage, with a notional value of approximately $12.83 million.