According to Lookonchain, wallet 0xa5B0 accumulated 1,242 ETH in spot purchases worth about $3.67M over the past two days. Source: Lookonchain on X, Nov 21, 2025. The same wallet then deposited 5M USDC into Hyperliquid within the past 10 hours. Source: Lookonchain on X, Nov 21, 2025. Lookonchain reports the wallet opened a 20x long on 16,366 ETH with an estimated position size of $44.3M and a stated liquidation price of $2,446.7. Source: Lookonchain on X, Nov 21, 2025. The address and activity can be reviewed via hypurrscan.io/address/0xa5B0eDF6B55128E0DdaE8e51aC538c3188401D41. Source: hypurrscan.io.