/var/log/vmware/vpxd/vpxd.log, the following error is observed:
<timestamps> info vpxd[07030] [Originator@6876 sub=InvtId opID=TxId: ########-####-####-####-############-##-##-########] VM <VM> has conflict mac [00:50:##:##:##:##] with existing <VM>, new mac [00:50:##:##:##:##].
VMware HCX
Bulk migration from one cluster to another in a single vCenter environment does not retain the MAC address of the VM even if the option is explicitly selected, as the same vCenter cannot register two VMs with the same MAC address, and this is an expected behavior.
This is a condition that may occur in a VMware HCX environment.
There is a feature request for upcoming versions for HCX to display a warning when the "Retain MAC" is selected for the Single vCenter Operation.