According to Lookonchain, a newly created wallet 0x4ff7 deposited 2.43 million USDC into HyperLiquid and opened a 20x long position for 13,976 ETH with a notional value of about $42.9 million, source: Lookonchain. The stated liquidation price for this position is $3,311.7 on HyperLiquid, source: Lookonchain.