According to CoinMeta, based on Lookonchain data, a newly created wallet address received 3,100 ETH from Tornado Cash. Subsequently, it exchanged these for 6.92 million USDC and deposited them into HyperLiquid. On the HyperLiquid platform, this address went long on 169.47 BTC (valued at approximately $12.84 million) with a 20x leverage, and also went short on 5,740 ETH (valued at about $12.83 million) with the same 20x leverage.