New Wallet Withdraws USDC and Opens Leveraged Short Positions

According to BlockBeats On-chain Detection, a newly created wallet address has withdrawn 4 million USDC from a centralized exchange (CEX) over the past two days. The wallet has opened short positions on ETH with 15x leverage and ENA with 10x leverage. Currently, the wallet is experiencing an unrealized loss of approximately 1. 44 million USD. source: https://www.binance.com/en/square/post/31228528403337?utm_source=BinanceNewsRSS