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'Insider Whale' Transfers 89 Million USDC to Binance, Possibly Rebuilding $500 Million BTC Short Position

Summary: According to sources, the 'insider whale' transferred 89 million USDC to Binance in the past 3 hours. At the same time, the increase in open BTC contracts on Binance is roughly equivalent to the position size it closed on Hyperliquid. With Bitcoin's price currently trading sideways, analysts believe this whale is likely to open a ...

According to sources, the 'insider whale' transferred 89 million USDC to Binance in the past 3 hours. At the same time, the increase in open BTC contracts on Binance is roughly equivalent to the position size it closed on Hyperliquid. With Bitcoin's price currently trading sideways, analysts believe this whale is likely to open a new $500 million short position on Binance. Previous reports indicated that on October 15 at 2 am, the whale completely closed its $500 million Bitcoin short position on Hyperliquid within two hours.

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Link: 'Insider Whale' Transfers 89 Million USDC to Binance, Possibly Rebuilding $500 Million BTC Short Position [Copy]

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