According to @lookonchain, ETH broke above $4,700 as address 0x0911 deposited $5.1M USDC into Hyperliquid to open a 20x leveraged short on ETH (source: @lookonchain). The reported position totals 10,796 ETH (~$51M) with a stated liquidation price at $5,086.9 on Hyperliquid, tied to address 0x0911 on the on-chain explorer Hypurrscan (source: @lookonchain; source: Hypurrscan).