A new trading address has made a notable move on HyperLiquid by depositing 2.5 million USDC and opening a 3x short position on LIT at a price of $3.272542. The position, valued at $380,000, has a liquidation price set at $6.052613. As of now, the trade has generated a floating profit of $78,000, highlighting the trader's successful strategy in the current market conditions.