According to @lookonchain, whale address 0xa5B0 deposited 10M USDC to HyperLiquid and opened a 20x long on 12,000 ETH with an estimated position size of $32.8M and a stated liquidation price of $1,990.1, source: @lookonchain. The wallet and position details are viewable on the Hypurrscan address page for 0xa5B0eDF6B55128E0DdaE8e51aC538c3188401D41, source: Hypurrscan. For traders, the disclosed $1,990.1 liquidation level marks the key risk threshold for this reported long position, source: @lookonchain.