Hyperliquid whale suspected of insider trading deposits $326M USDC to Binance

A Hyperliquid whale suspected of profiting from insider trading has withdrawn 36.41 million USDC from Hyperliquid and deposited 326 million USDC to Binance, according to on-chain analyst ai_9684xtpa. The analyst added that while the purpose of the deposit is unknown, moving stablecoins to an exchange could be a more significant market signal than opening an on-chain futures position on a platform like Hyperliquid.