Insider Whale Deposits $89M USDC to Binance, Likely Reopens Bitcoin Short After Closing $500M Hyperliquid Position

According to MLM Monitor, an entity identified as the “Insider Whale” deposited 89 million USDC into Binance over a three‑hour period, a move that coincided with a similar increase in open BTC futures on the platform. On‑chain and derivatives indicators show the uptick in futures exposure was roughly commensurate with positions recently closed on Hyperliquid, reflecting measurable capital flow across venues while prices traded sideways.

Earlier on October 15 at 02:00, the same monitoring service reported the Insider Whale had fully closed an approximately $500 million Bitcoin short on Hyperliquid within two hours. These documented transfers and open‑interest adjustments are verifiable via exchange and ledger data, offering concrete evidence of large‑scale position reallocation without inferring intent.