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No... there's no cause for re-balancing, that's what channel fees (particularly the new new negative fees) are for
The (technical?) founder of OpenNode went elsewhere not to long ago and the French retreated from the US, its also [REDACTED] to have that size in a hot wallet... there are much more likely explanations
11 sats \ 0 replies \ @anon 21 Jun
They probably just found that the channel capacity wasn't necessary.
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This channel closed in September last year.