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

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