James Wynn has transferred 3.32 million USDC obtained from selling PEPE back to the address where a BTC long position was opened

PANews reported on May 28 that, according to on-chain analyst Ember's monitoring, the whale James Wynn has started selling assets from other addresses to raise USDC for Hyperliquid position margin supplementation. Twenty minutes ago, he sold 240 billion PEPE through a CEX to exchange for 3.32 million USDC and withdrew the USDC back to the address where he opened a BTC long position. He currently still holds PEPE worth 2.82 million USD through the 0x4417 address.