According to @ai_9684xtpa, two tracked wallets withdrew 36.41M USDC from Hyperliquid and within about 20 minutes transferred 326M USDC to a Binance deposit address. Source: x.com/ai_9684xtpa/status/1981712009608782058; x.com/ai_9684xtpa/status/1981173273967890606; intel.arkm.com/explorer/address/0x4f9A37Bc2A4a2861682c0e9BE1F9417Df03CC27C; intel.arkm.com/explorer/address/0xb317D2BC2D3d2Df5Fa441B5bAE0AB9d8b07283ae. The author adds there is no disclosed open position by the whale and the purpose of the transfer is unknown. Source: x.com/ai_9684xtpa/status/1981712009608782058. The referenced wallets are 0x4f9A37Bc2A4a2861682c0e9BE1F9417Df03CC27C and 0xb317D2BC2D3d2Df5Fa441B5bAE0AB9d8b07283ae, which can be reviewed on Arkham Intel for transaction details. Source: intel.arkm.com/explorer/address/0x4f9A37Bc2A4a2861682c0e9BE1F9417Df03CC27C; intel.arkm.com/explorer/address/0xb317D2BC2D3d2Df5Fa441B5bAE0AB9d8b07283ae.

According to @EmberCN, James Wynn withdrew his remaining $700,000 from Hyperliquid and transferred $250,000 USDC to Kucoin, totaling $1.05 million USDC moved to Kucoin over recent days. This shift from decentralized platforms to centralized exchanges (CEX) like Kucoin suggests that increased on-chain scrutiny may be driving high-volume traders to CEXs for greater privacy and potential liquidity advantages. Traders should monitor CEX inflows as these movements can signal upcoming large trades or changes in market sentiment, potentially impacting USDC liquidity and volatility across major exchanges (Source: @EmberCN on Twitter, June 6, 2025).