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A trader who lost nearly 10 million USD in a week exchanged 4.5 million DAI for USDC in 15 minutes.
Foresight News reports that according to @ai9684xtpa monitoring, a certain trader has exchanged 4.5 million DAI for USDC in the past 15 minutes, suspected to be preparing Margin, and has not yet deposited to Hyperliquid. This trader has triggered liquidation multiple times since opening short orders on Bitcoin and Ethereum, with a loss of 9.93 million USD in the past week, and the current Position still has unrealized losses of 2.16 million USD.