'Insider Whale' Transfers 89 Million USDC to Binance, Possibly Opening New Short Position

On October 15, according to MLM monitoring, the 'Insider Whale' deposited 89 million USDC into Binance within three hours. Meanwhile, the open interest for BTC on Binance increased, matching the $500 million short position previously closed on Hyperliquid. Due to the sideways price movement, it is speculated that the whale may have reopened a short position on Binance. Earlier, this whale closed its short position on Hyperliquid in the early hours of October 15.