Anonymous Whale withdraws 75 million USDC from Coinbase and accumulates CXMT on Hyperliquid

According to Hyperliquid Traders, an anonymous whale has withdrawn 75 million USDC from Coinbase and deposited 5 million USDC in batches into Hyperliquid over the past week. It has currently acquired 20000 CXMTs worth $120000 and placed additional limit orders.