Garrett Jin Sent $146.98M to Binance; Hyperliquid Account Left With $92.1K

The near-total drain of a Hyperliquid account into a centralized exchange, followed within hours by a large outflow to wallets with a documented prior loss, points to active repositioning rather than passive holding. The counterparties matter more than the headline figure: funds are moving toward addresses already associated with a costly retail-style execution attempt. Whether that cluster is accumulating or merely routing the capital is the open question, and the Hyperliquid balance is now too small to signal intent on its own.