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Home News 「Insider Whale」 transferred 89 million USDC to Binance, possibly setting up a $500 million Bitcoin short position on the platform.

「Insider Whale」 transferred 89 million USDC to Binance, possibly setting up a $500 million Bitcoin short position on the platform.

「Insider Whale」 transferred 89 million USDC to Binance, possibly setting up a $500 million Bitcoin short position on the platform.

BlockBeats News, October 15th, according to MLM Monitor, the “Insider Whale” deposited 89 million USDC into Binance in the past 3 hours. At the same time, the scale of open BTC futures contracts on Binance increased by a similar amount to the position he closed on Hyperliquid.

Due to the price maintaining a sideways trend, he is highly likely to have re-opened the same short position on Binance.

Earlier reported at 2:00 on October 15th, the “Insider Whale” had fully closed his $500 million Bitcoin short position on Hyperliquid in the past two hours.

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