BTC OG Whale Cuts 8,588 ETH Long on Hyperliquid, Transfers Aave-Borrowed USDC to Binance

BTC OG Insider Whale reduced its ETH long position on Hyperliquid by 8,588 ETH in the past 10 minutes while maintaining a 5x leveraged long of 214,752 ETH worth approximately $620 million, Hyperinsight data show on Jan. 26. A newly created address linked to the whale transferred 6,000 USDC borrowed from Aave to Binance. The address has deposited 106,000 ETH valued at $308 million on Aave, holds an outstanding loan of $180 million USDC, and currently shows a health factor of 1.42.