A post by @whale_alert on X.

A single transfer of 100,000,000 USDC, valued at roughly $100,036,500, moved from an unidentified wallet to the MEXC exchange, according to Whale Alert. The stablecoin transfer stands out for its size rather than any price movement, since USDC trades at about $1.00 and the amount represents a large slug of liquidity arriving at a centralized venue. Such inflows to exchanges are often watched as a signal that the receiving platform may see increased trading activity or that a large holder is repositioning capital. With no sender identified, the transfer’s purpose remains unclear, and market participants will likely watch MEXC order books and stablecoin flows for follow-through.