According to Onchain Lens monitoring, SideShift.ai founder Andreas Brekken's associated wallet withdrew 5 million USDC from Hyperliquid, spending 2 million USDC to purchase 21.11 cbBTC at an average price of $94,742.

It is reported that Andreas has set it to automatic purchase mode, buying cbBTC every 36 minutes, and currently holds 3 million USDC in his wallet, which will be used to purchase more cbBTC.