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MALENDEZ
At the price of 76007, he dares to dump 15 million in one go
In two hours, 15 million USDC went into Hyperliquid, 197.35 $BTC acquired, then immediately withdrawn on-chain.
The data looks like this: average price 76007, once the coins are withdrawn, the market loses 200 spot coins. But! Withdrawal does not mean no selling; it can still be dumped back on-chain.
What is he betting on: betting this position is the bottom, or betting someone is more urgent than him.
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