CoinVoice has learned that, according to @mlmabc monitoring, a wallet that withdrew 15,000 BTC (worth $95 million at the time) from HTX and Binance 7 years ago is now selling these BTC on Hyperliquid. In the past 8 hours, it has deposited about 550 BTC (worth $62 million) into Hyperliquid and is selling. This caused the price of BTC on Hyperliquid to drop by 200 basis points in an instant, currently showing a discount of 30 basis points compared to other exchanges. Subsequently, it opened a long position of 23,000 ETH (approximately $99 million) with the funds obtained from selling BTC. [Original link]

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