James Wynn transferred 344.7 ETH to Binance for sale and then transferred 500,000 USDC to Hyperliquid to open a BTC long position

According to on-chain analyst Ember's monitoring, James Wynn consolidated 344.7 ETH (900,000 USD) through multiple addresses in the past half hour and transferred them to a CEX, then withdrew 500,000 USDC from the CEX to open a BTC long position on Hyperliquid.
Currently, he holds BTC long and PEPE long positions, with the following position details:
40x long on 437 BTC, valued at 46.1 million USD, with an entry price of 105,560 USD and a liquidation price of 102,713 USD;
10x long on 1.01 billion kPEPE, valued at 13.02 million USD, with an entry price of 0.0129 USD and a liquidation price of 0.0116 USD.