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A certain Whale/institution spent 39.328 million USDC to purchase 323.5 BTC at an average price of 121,570 USD.
On October 10, according to on-chain analyst Yu Jin's monitoring, a certain whale/institution purchased 32.35 BTC using 39.328 million USDC, at an average price of 121,570 USD. They transferred 39.328 million USDC into Hyperliquid through four wallets, and then purchased 32.35 BTC to bring back to the BTC chain.