USDC Flows: Insider Whale 1011 Withdraws 36.41M USDC from Hyperliquid and Moves 326M USDC to Binance in 20 Minutes

COINOTAG News, October 24 — On-chain analyst Ai Auntie (@ai_9684xtpa) reports that addresses tied to the “1011 Insider Whale” conducted notable transfers in the last 20 minutes. The addresses withdrew 36.41 million USDC from Hyperliquid, then routed 326 million USDC to a Binance deposit address, with the purpose not disclosed.

The event underscores ongoing on-chain liquidity activity among large holders and warrants close observation by traders and risk managers. While the block confirmations are clear, the motives behind the move remain unconfirmed, suggesting possible repositioning or liquidity reallocation rather than a stated market signal. Stakeholders should monitor wallet clusters and USDC flow dynamics to assess potential market impact.