Two new suspect addresses simultaneously build $40M ETH positions in 16 seconds.

Huo Xing Finance reports that on August 28, according to TradingBeats (formerly Hyperinsight), two previously inactive addresses on Hyperliquid each received approximately $10 million in USDC this morning, followed immediately by the establishment of full 8,000 ETH long positions. The two nearly $20 million position builds were completed just 16 seconds apart. The first address received approximately $10 million in USDC and began purchasing about two minutes later, completing its 8,000 ETH long position through 567 trades at 10:51:40, with a total value of approximately $19.933 million and an average price of $2,491.50. The second address received approximately $10 million in USDC and began purchasing about five minutes later, also acquiring an 8,000 ETH long position through 695 trades, totaling approximately $19.915 million at an average price of $2,489.30, completed at 10:51:24. Both addresses used 20x full margin settings, collectively establishing a 16,000 ETH long position worth $39.847 million at an average price of approximately $2,490.40. The positions currently hold a floating profit of about $4,200, with no public take-profit, stop-loss, or partial close orders set. After building their positions, both accounts retained approximately $9.984 million and $10.002 million in USDC respectively. Their liquidation prices are approximately $1,268.10 and $1,265.80—about 49% below the current ETH price. Addresses: 0xa9de65e6e288fa6ff806692c2464582efce3e049 0x0c5d0549a1f7ad185286a08bfc10f8e9a1c936b3